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#Workforce reduction

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Circle Posts $865 Million in Q3 Revenue and Reserve Income, Cuts 5% of Staff
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Circle Posts $865 Million in Q3 Revenue and Reserve Income, Cuts 5% of Staff

Key Highlights Circle Internet Group, Inc. (CRCL) reported $865 million in Q3 2026 total revenue and reserve income, marking a 17% increase year over year, while announcing a workforce reduction of approximately 5%. Reserve income from backing assets behind $USDC dropped 8% to $658 million due to a 61 basis point decline in returns, with ...

Anchorage Digital, $4.2B Crypto Bank, Cuts 17% of Workforce: Report
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Anchorage Digital, $4.2B Crypto Bank, Cuts 17% of Workforce: Report

Key Highlights Anchorage Digital has reportedly cut 17% of its workforce amid a prolonged cryptocurrency market downturn. The reported layoffs were communicated by CEO Nathan McCauley to employees this week. Based on Anchorage’s reported headcount of about 400 employees in February, the reduction could affect roughly 68 jobs. Anchorage Digital Reportedly Cuts 17% of Workforce ...