Solana founder comments on “Ethereum Foundation layoffs”: Bullish, a more streamlined organizational structure will be more flexible

Odaily reported that Solana co-founder toly commented on X regarding the layoffs at the Ethereum Foundation: "Bullish, budget constraints force us to prioritize and focus. Ethereum will not disappear. A smaller, more streamlined Ethereum Foundation will be more decisive, act faster, and be able to adjust direction more quickly."

Earlier reports indicated that the Ethereum Foundation has completed a months-long restructuring. Due to adjustments in its structure, activities, and expenditures, the Ethereum Foundation has laid off 54 employees, accounting for about 20% of its total staff.