The Ethereum Foundation is reducing its annual budget by roughly 40% and cutting about 20% of its staff as part of a sweeping restructuring intended to turn the nonprofit into a leaner, endowment-based organization.

Ethereum Foundation's reorganization may enhance strategic focus and efficiency, potentially accelerating Ethereum's growth and adoption globally.

The non-profit is cutting 54 jobs as it reorganizes into focused "clusters," following a succession of leadership departures.

The reduction follows a period of significant upheaval at the organization’s leadership level.

Ethereum Foundation cut 20% of its workforce, reorganizing into five clusters as part of a long-simmering reorganization.

Ethereum Foundation cuts 20% of staff amid leadership changes. ETH above $1,700 by June 24 at 20.5% YES.

The Ethereum Foundation cut 54 staff, roughly 20% of its workforce, and reorganized into five focused clusters.

The reduction comes on the same day the EF confirmed a 20% reduction in headcount and follows the resignation of co-Executive Director Hsiao-Wei Wang. Her departure brings the…

The Ethereum Foundation is reducing its annual budget by roughly 40% and cutting about 20% of its staff as part of a sweeping restructuring intended to turn the nonprofit into a…

Vitalik Buterin outlined the sacrifices behind the Ethereum Foundation’s 40% budget cut and his long term lean and done vision for the protocol.

The Ethereum Foundation is cutting 20% of its workforce, eliminating 54 positions as part of a major restructuring.

The Ethereum Foundation laid off 54 employees as part of a major restructuring, while Vitalik Buterin revealed plans to reduce the organization's budget by roughly 40%.

The Ethereum Foundation cut 54 employees, roughly 20% of its staff, in a restructuring implementing its updated Mandate and Treasury Management Policy. Vitalik Buterin announced a…