TechFlow news, December 5 — According to Bloomberg, Circle, the issuer of the stablecoin USDC, has confirmed organizational restructuring. In a statement from a company spokesperson, the layoffs affect fewer than 6% of its workforce, based on the June headcount of 882 employees.
Circle stated that this move is part of its regular operational review. The company will continue investing in strategic initiatives such as AI-driven geographic expansion and efficiency improvements, while optimizing staffing and operating expenses in certain business areas.




