Ethereum Foundation cuts staff by 20%, announces major restructure amid new rivals
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🔥 Ethereum Foundation slashes workforce by 20%, launches major reorganization.
🧑💼 9 senior leaders exit as new groups like ETHLabs and Ethereum Institutional emerge.
📉 $ETH ecosystem now sees research and development shift to outside organizations.
📅 Restructuring follows months of criticism over strategy and base layer progress.
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