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◆ #budget cut

Ethereum2m read

Ethereum Foundation Announces 40% Budget Cut and 20% Staff Reduction Amidst Leadership Changes

The Ethereum Foundation is implementing a significant 40% budget cut and 20% staff reduction, following multiple senior resignations since January.

Jun 23, 2026

Ethereum2m read

Ethereum Foundation Lays Off 54 Employees, Announces 40% Budget Cut

The Ethereum Foundation laid off 54 employees and plans a 40% budget cut, as stated by Vitalik Buterin, amidst a new organizational structure.

Jun 23, 2026