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Circle (CRCL) Cuts About 5% of Workforce as Q3 Revenue Hits $865M

By Micah Zimmerman

Bitcoin Magazine Circle (CRCL) Cuts About 5% of Workforce as Q3 Revenue Hits $865M Circle cut about 5% of its workforce and booked a $9.1 million restructuring charge in a quarter where revenue rose 17% to $865 million. This post Circle (CRCL) Cuts About 5% of Workforce as Q3 Revenue Hits $865M first appeared on…

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Revenue

The total money a company earns from selling goods or services before any costs are subtracted.

Revenue growth shows demand for a company's products; profit shows whether it earns money from them.

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The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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