TechFlow reports, July 16: According to CoinDesk, the Ethereum Foundation launched its largest restructuring in history in 2026, having laid off 54 people, accounting for about 20% of the total staff, while simultaneously cutting the annual operating budget by 40%. This adjustment aims to gradually reduce the foundation's annual expenditure share from the current approximately 15% to a long-term target of 5% after 2030.
In terms of personnel, Co-Executive Directors Tomasz Stańczak and Hsiao-Wei Wang departed in February and June respectively, with at least 9 core members leaving within the year, and the Protocol Support team has also been disbanded. The foundation stated that after restructuring, it will focus on core areas such as censorship resistance, privacy, and security.
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