The Ethereum Foundation has cut roughly 20% of its workforce and slashed its budget by roughly 40% as part of a broad reorganization, even as the blockchain it helps steward has seen its highest-ever levels of user activity and is attracting deeper participation from major financial institutions....
Source: [CryptoSlate](https://cryptoslate.com/ethereum-foundation-cuts-20-of-staff-as-eth-sinks-44-ytd-despite-record-usage/)