[Circle Lays Off Approximately 5% of Employees, Affecting About 55 Positions] Stablecoin issuer Circle (CRCL) laid off approximately 5% of its workforce in its third-quarter restructuring, affecting about 55 positions, in an effort to improve efficiency and streamline operations. Circle currently has approximately 1,100 employees and is still hiring for 96 positions. Earlier reports indicated that Circle's third-quarter revenue was $865 million, a 17% year-over-year increase.