Ethereum Foundation sacks 20% of workforce amid strategic restructuring
Chronological coverage
First seen23 Jun, 06:00Ethereum Foundation sacks 20% of workforce amid strategic restructuring
The Ethereum Foundation fired 54 employees and unveiled a new organizational structure as Vitalik Buterin said the group plans to reduce its budget by roughly 40%.
Cointelegraph•Nate Kostar
Follow-up23 Jun, 13:16Ethereum Foundation reorganizes into five clusters, cuts 20% of staff
Ethereum Foundation's reorganization may enhance strategic focus and efficiency, potentially accelerating Ethereum's growth and adoption globally.
CryptoBriefing•Vivian Nguyen
Follow-up23 Jun, 14:40New Ethlabs initiative launches as Ethereum Foundation cuts 20% of staff
The new Ethereum-focused R&D organization arrives as the Ethereum Foundation shifts toward a leaner structure and a more focused mandate.
AMBCrypto•Adewale Olarinde
Follow-up23 Jun, 15:50Ethereum Foundation Cuts 20% of Workforce
The Ethereum Foundation has cut roughly 20% of its workforce and plans to reduce its budget by about 40% as it shifts toward a leaner, endowment-based model.
U.Today•Alex Dovbnya
Follow-up23 Jun, 18:12Ethereum Foundation lays off 20% of workforce in major restructuring
Ethereum Foundation has cut roughly 20% of its workforce, eliminating 54 positions as part of a sweeping organizational overhaul tied to its long-term development strategy. According to the Ethereum Foundation, the workforce reduction concludes a months-long restructuring process carried out…
Crypto.news•Lawrence Mondal
Latest24 Jun, 09:00Ethereum Foundation cuts 20% of staff as ETH sinks 44% YTD despite record usage
The Ethereum Foundation has cut roughly 20% of its workforce and slashed its budget by roughly 40% as part of a broad reorganization, even as the blockchain it helps steward records its highest-ever levels of user activity and attracts deeper participation from major financial institutions. On June 23, the nonprofit revealed that it dismissed 54 […]
CryptoSlate•Oluwapelumi Adejumo