Solana founder discusses "Ethereum Foundation layoffs": Bullish, a leaner organizational structure will be more agile

Odaily News 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, act faster, and be able to pivot more quickly."

Previously, the Ethereum Foundation completed a months-long restructuring. Due to adjustments in structure, activities, and expenditures, the Ethereum Foundation has laid off 54 employees, approximately 20% of its total workforce.