TechFlow reports that on June 23, the Ethereum Foundation (EF) officially announced the completion of its internal reorganization—a process spanning several months—designed to align with its mission statement and financial management policies. As a result of the reorganization, EF laid off 54 employees, representing approximately 20% of its total workforce. The foundation stated that departing employees will continue contributing to the Ethereum ecosystem in other capacities over the coming weeks.
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