Circle reduces employment by less than 6% following operations review, providing relief for employees and stakeholders.
USDC Issuer Circle Cuts ‘Less Than 6%’ of Jobs Following Operations Review
Circle, the issuer behind USDC, has conducted a review of its operations. The result is a reduction in jobs, but not as severe as initially feared.
According to reports, Circle has cut less than 6% of its jobs following the review. This decision comes after a thorough evaluation of the company’s operations and a commitment to transparency.
The move is seen as a positive step by many, who had been concerned about the impact on employees. The reduction in jobs will help the company streamline its operations and improve efficiency.
Circle has stated that it remains committed to its mission and values, and this decision is part of its efforts to adapt to changing circumstances.
The news provides some relief for employees and stakeholders alike, who had been anxiously waiting for an update on the situation.
