Dismissal

Circle laid off about 5% of its employees in Q3 2026, despite a net profit increase to $226 million. Revenue was supported by $182 million from the ARC token presale, while income from USDC reserves decreased by 8%. We analyze the financial results of the issuer and why the company is developing new directions.

Goldman Sachs compared the first workers who lost their jobs due to AI to victims of past waves of automation. They take about a month longer to find new employment and are 10 percentage points more likely to remain unemployed a year later. Workers aged 35 and older face the most challenges.

Flock Safety has offered its employees a voluntary exit program with generous severance packages from September 18 to October 2.