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Ethereum Foundation lays off 54 people, Solana founder says 'bullish!'
On the evening of June 23, EF announced a comprehensive organizational restructuring:
Divided into five major functional clusters: protocol layer, access layer, user layer, community layer, and institutional layer.
At the same time, around 54 people (20%) were laid off, with budget cuts of about 40%. In the future, the annual spending rate will gradually decrease from ~15% to ~5% after 2030, shifting to a donation fund-driven long-term model.
Vitalik Buterin responds
Vitalik responded: This is not just a simple 'quality enhancement and efficiency improvement,' but a 'real loss' — some projects are terminated, capabilities are lost, and contributors are leaving.
For example: the PSE (Privacy and Scalability) team is gradually winding down, Devcon (the conference) is getting smaller, and there's reduced investment in external large projects.
Divided into five major functional clusters: protocol layer, access layer, user layer, community layer, and institutional layer.
At the same time, around 54 people (20%) were laid off, with budget cuts of about 40%. In the future, the annual spending rate will gradually decrease from ~15% to ~5% after 2030, shifting to a donation fund-driven long-term model.
Vitalik Buterin responds
Vitalik responded: This is not just a simple 'quality enhancement and efficiency improvement,' but a 'real loss' — some projects are terminated, capabilities are lost, and contributors are leaving.
For example: the PSE (Privacy and Scalability) team is gradually winding down, Devcon (the conference) is getting smaller, and there's reduced investment in external large projects.