Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Ethereum Foundation announces restructuring, plans to cut 20% of workforce

Ethereum Foundation announces restructuring, plans to cut 20% of workforce

BlockBeatsBlockBeats2026/06/23 13:14
Show original

BlockBeats News, on June 23, the Ethereum Foundation announced that it is undergoing restructuring and plans to lay off about 20% of its staff.


This adjustment continues the "Lean Ethereum" strategic transformation and the development direction for 2026, repositioning the Ethereum Foundation as a lighter protocol governor and maintainer, rather than a primary core builder.


This change further advances the 2025 PRD (Research and Development) restructuring (reducing staff from more than 110 to below 100), the previous layoff of about 19 people, and the successive departures of several senior researchers.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Elon Musk changes his stance! Tesla (TSLA.US) delays Cybertruck production halt to late summer 2027, just two days after suggesting “refund deposits”

Elon Musk stated that Cybertruck production will be extended until late summer 2027 to clear the order backlog, and Tesla's stock price rose by about 4%.

智通财经•2026/11/12 03:52
Elon Musk changes his stance! Tesla (TSLA.US) delays Cybertruck production halt to late summer 2027, just two days after suggesting “refund deposits”

Japanese dovish policymaker urges "slow down": Price increases are not driven by demand, rate hikes may drag down the economy and inflation

Toichiro Asada, a member of the Bank of Japan's Policy Board, stated that the central bank needs to remain cautious and closely monitor the impact of rate hikes on the economy, as rising interest rates pose the risk of suppressing the inflation trend.

智通财经•2026/11/12 03:18
Japanese dovish policymaker urges "slow down": Price increases are not driven by demand, rate hikes may drag down the economy and inflation

Don't Be Misled by "Instant Purchase, Instant Access": Pro Series Zero Wait Has Been the Norm for Years, UBS Maintains Apple (AAPL.US) Target Price at $340

The waiting time for iPhone 18 Pro is approaching zero, and Duo deliveries are scheduled until the end of January. UBS maintains its forecast for iPhone revenue in the December quarter at $95.1 billions, representing a year-on-year increase of 11.5%.

智通财经•2026/11/12 03:11
Don't Be Misled by "Instant Purchase, Instant Access": Pro Series Zero Wait Has Been the Norm for Years, UBS Maintains Apple (AAPL.US) Target Price at $340