*The Ethereum Foundation has just announced they will lay off 20% of their staff.


In the US stock market, when a company announces layoffs and restructuring, its stock almost always rises.
Wall Street will see this company as becoming more serious,
cutting down on bloated costs, reducing management expenses, reallocating capital, adapting to the AI era, and so on. Microsoft has done it, Meta has done it, Google has done it — everyone is excited after the announcements.
Now, is the $ETH Foundation trying to boost the market through layoffs?
ETH-1.06%
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