In light of the Wall Street Journal’s report, Circle plans to increase hiring by 15-25 percent in 2023.
Coming to the present day for the crypto industry, layoffs are increasing. As a result of the scandalous events in the crypto industry last year, many crypto exchanges, fund regulators, crypto money projects share reports that layoff activities continue. USDC regulator Circle, meanwhile, announced plans to increase its workforce by 15 percent to jobs.
Circle Aims To Increase Its Workforce Through Recruitments
Today, it was stated that many companies belonging to the crypto industry went to layoffs. When we come to 2023, it is stated that 41% of all layoffs come from the cryptocurrency sector.
Last year, many large companies increased their layoffs after the scandalous events related to crypto came in order. Polygon, Chainalysis, Bittrex, Huobi, Cryptocom, Coinbase, Gemini, Genesis and Wyre companies were the major companies that made layoffs due to the negative news that seriously shook the industry.
In addition, the increasing layoffs were not limited to the crypto industry, with only about 48,000 employees in January, from Google, Amazon, Microsoft and Salesforce.
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