Ethereum Foundation slashes budget by 40% and lays off 20% of staff, management turmoil continues

The Ethereum Foundation (EF) announced two major moves on the same day: laying off 20% of its staff (around 60 people), while Vitalik Buterin stated that EF will cut its operating budget by 40% in the coming months. This is the largest organizational restructuring EF has seen in recent years, following the departure of several co-executive directors. The layoffs and budget cuts aim to enhance operational efficiency, but they have sparked widespread discussion within the community about EF's governance and direction.

Why it matters: The Ethereum Foundation is the core coordinating body of the Ethereum ecosystem, and such a significant organizational trim could accelerate EF's decentralization process, pushing it to transition from a "core developer funding agency" to a more lightweight, focused role.

#以太坊 #Ethereum #EF #区块链 #Web3