Solana Founder Comments on "Ethereum Foundation Layoffs": Bullish, a Leaner Organizational Structure Will Be More Agile

Odaily reported that Solana co-founder toly posted on X regarding the Ethereum Foundation layoffs, stating: "Bullish. Budget constraints force us to prioritize and focus. Ethereum is not going anywhere. A smaller, leaner Ethereum Foundation will be more decisive, move faster, and be able to pivot more quickly."

Previously, it was reported that the Ethereum Foundation has completed a restructuring process that lasted several months. Due to this adjustment in structure, activities, and spending, the Ethereum Foundation has laid off 54 employees, representing approximately 20% of its total workforce.