So Circle just did a round of layoffs - less than 6% of their team got cut. Not huge by startup standards but still notable for a stablecoin company that seemed pretty stable (no pun intended). They're saying it's part of their regular operational review, focusing on AI-driven efficiency and regional growth. Back in June they had around 882 people, so we're talking maybe 50 people or so getting let go. The Circle layoff move seems strategic though - they're not slashing budgets everywhere, just trimming some positions while still investing in the infrastructure they actually need. Guess even stablecoin issuers have to tighten their belts sometimes. Wonder if more of these Circle-type layoffs are coming in the crypto space or if this is just normal housekeeping?