Crypto firm Circle announced that it has laid off staff and ended investments in non-core activities. While the size of the layoffs is unknown, Circle reportedly had around 900 employees at the end of 2022. According to a report by news agency Coindesk, a news site that reports about bitcoin and digital currencies, the company said that the layoffs were necessary to "redouble its focus on core business activities and execution."Crypto firm Circle announced that it has laid off staff and ended investments in non-core activities. While the size of the layoffs is unknown, Circle reportedly had around 900 employees at the end of 2022. According to a report by news agency Coindesk, a news site that reports about bitcoin and digital currencies, the company said that the layoffs were necessary to "redouble its focus on core business activities and execution."