Ethereum Foundation Fires 54 Employees in Restructuring

The Ethereum Foundation fired 54 employees on Jun 23, 2026, and unveiled a new organizational structure. Vitalik Buterin stated the group plans to reduce its budget by roughly 40%.

FAQ

How many employees did the Ethereum Foundation fire?

The Ethereum Foundation fired 54 employees, representing 20% of its workforce, on Jun 23, 2026.

What budget reduction did Vitalik Buterin announce?

Vitalik Buterin stated the Ethereum Foundation plans to reduce its budget by roughly 40%.

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