Wave of Layoffs at Ethereum Foundation: 20% of Workforce to be Cut
[96900] Wave of Layoffs at Ethereum Foundation: 20% of Workforce to be Cut
Reports of widespread cutbacks at the Ethereum Foundation, with an announcement regarding the layoff of one-fifth of the organization's staff.
Wave of Layoffs at Ethereum Foundation: 20% of Workforce to be Cut
Dramatic reports arrive today, June 23, 2026, regarding significant cutbacks at one of the central organizations in the digital currency world. According to Coingraph | News, the Ethereum Foundation has decided to cut 20% of its workforce.
The news was confirmed by the Watcher Guru channel, which reported laconically that "Ethereum Foundation is laying off 20% of its team". Both channels, known for their rapid news coverage in the fields of crypto and digital economy, report the move as a finalized fact, although at this stage no further details have been provided regarding the strategic reasons behind the layoffs or the departments that will be affected by them.
The foundation, responsible for the development and support of the Ethereum network, has not yet released a detailed official response regarding the scope of the cuts or their impact on the project's technological roadmap. As of now, the market is reacting cautiously to the reports regarding the key organization of the ecosystem.