🚨 ethereumfndn Restructures

The ethereum Foundation has completed a major internal restructuring.

Key updates:

• 54 employees (around 20% of the team) have been laid off
• Lower operating costs could reduce future $ETH selling by the Foundation
• The EF says this is part of preparing for Ethereum's next phase of growth
• The Foundation will now focus more on executing its long-term roadmap

The team also stated that they'll support affected employees as they transition to new opportunities.

👀 A significant shift for Ethereum's future.

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