Ethereum Foundation Cuts 54 Jobs, Reshapes Operations Into 5 Core Units for Growth

1 month ago 7

Rommie Analytics

Key Takeaways:

  • The Ethereum Foundation (EF) has announced that it has fired 54, or about 20%, of employees following a weeks-long restructuring.
  • EF has restructured into five clusters of core functional responsibilities: protocol, access, user, community and institutional development.
  • The changes are meant to better execute, rationalize expenditure, and emphasize Ethereum’s long-term scale, the foundation says.