Solana co-founder Toly said on X that he viewed the Ethereum Foundation’s layoffs as “bullish,” arguing that budget constraints can force prioritization and focus. According to Odaily, he added that Ethereum “will not disappear” and said a smaller, leaner Ethereum Foundation would be more decisive, act faster, and adjust direction more quickly.
The Ethereum Foundation has completed a reorganization that lasted several months. As part of adjustments to its structure, activities, and spending, the foundation cut 54 employees, representing about 20% of its total staff.
Solana Co-Founder Toly Calls Ethereum Foundation Layoffs 'Bullish' After 54 Staff Cut
2026-06-24 01:53:43
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