ETH Price Falls As Ethereum Foundation Cuts 20% Staff in Lean Reorganization

From BeInCrypto

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BeInCrypto • June 23, 2026 at 14:00 • News
The Ethereum Foundation announced today a reorganization that reduces its workforce by 54 colleagues, approximately 20% of total staff. The changes conclude a months-long internal process designed to align operations with the organization’s previously stated strategic documents. Ethereum (ETH) price fall almost 7% on the news. Scale of Cuts EF Management confirmed the reduction in
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