Ethereum Foundation sacks 20% of workforce amid strategic restructuring

First reported June 23, 2026 by Cointelegraph · covered by 5 sources

Ethereum 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%.

Jun 23, 2026 · byCointelegraph

Ethereum 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. The post Ethereum Foundation reorganizes into five clusters, cuts 20% of staff appeared first on Crypto Briefing .

Jun 23, 2026 · byCryptoBriefing

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New 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.

Jun 23, 2026 · byAMBCrypto

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Ethereum 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.

Jun 23, 2026 · byU.Today

Ethereum 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…

Jun 23, 2026 · byCrypto.news