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Ethereum Foundation Cuts 54 Jobs and 40% of Budget, Shifts to Endowment Model

The Ethereum Foundation announced a restructuring in late June 2026 that cuts 54 positions — roughly 20% of staff — and trims its annual budget by about 40%, moving from spending near 15% of its remaining treasury per…

Liquid State
1 min read
Conceptual illustration about Ethereum: labor.
Editorial illustration.

Ethereum Foundation Cuts 54 Jobs and 40% of Budget, Shifts to Endowment Model

The Ethereum Foundation announced a restructuring in late June 2026 that cuts 54 positions — roughly 20% of staff — and trims its annual budget by about 40%, moving from spending near 15% of its remaining treasury per…

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