Deep Tide TechFlow news: On July 16, CoinDesk reported that the Ethereum Foundation launched the biggest restructuring in its history in 2026, having laid off 54 people, about 20% of the total staff, and cutting the annual operating budget by 40%. The adjustment is intended to gradually reduce the foundation’s annual spending share from the current ~15% to a long-term target of 5% after 2030.

On the HR front, co-executive directors Tomasz Stańczak and Hsiao-Wei Wang stepped down in February and June respectively. At least 9 core members have left during the year, and the protocol support team was also announced to be dissolved. The foundation said that after the restructuring, it will focus on core areas such as anti-censorship, privacy, and security.