Ethereum Foundation Cuts 20% of Workforce in 'Leaner' Reorganization
Decrypt·
60-second summary
The Ethereum Foundation is undergoing a reorganization, cutting 54 jobs, approximately 20% of its workforce, to become a leaner organization. This move follows a series of leadership departures, with the foundation shifting its focus into specialized "clusters." The reorganization aims to boost efficiency and effectiveness, potentially impacting Ethereum's development and future growth prospects.
The non-profit is cutting 54 jobs as it reorganizes into focused "clusters," following a succession of leadership departures.