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Ethereum Foundation to Cut Budget by 40% and Slash 20% of Workforce | CoinDesk Daily
Published 1 month ago
Description
The Ethereum Foundation announced a 40% budget cut after layoff news.
The Ethereum Foundation will slash its budget by roughly 40% this year as part of a shift toward a leaner, endowment-style operating model. This comes on the same day the EF confirmed a 20% reduction in headcount. CoinDesk's Uyen Truong hosts "CoinDesk Daily."
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This episode was hosted by Uyen Truong. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.