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Illustration of Ethereum Foundation staff reductions showing employees leaving the office amid restructuring.
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Ethereum Foundation cuts 20 percent of workforce

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The Ethereum Foundation has eliminated 54 positions, representing about 20 percent of its staff, as part of a restructuring announced Tuesday.

The Ethereum Foundation dismissed 54 employees and reduced its annual budget by roughly 40 percent on June 23 as part of a reorganization. The cuts follow the launch of EthLabs, a new research organization, the previous day. Officials described the changes as a shift toward a leaner structure focused on core protocol priorities.

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Electronic Arts has cut an unspecified number of jobs in a third round of layoffs this year. The move comes as the company prepares for a $55 billion leveraged buyout by Saudi Arabia's Public Investment Fund.

Craig Duncan has resigned as head of Xbox Game Studios after less than two years. He will depart the company this week.

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Ubisoft plans to shutter two studios and restructure another, resulting in about 380 job losses. The moves mark the company's third round of layoffs this year.

A group of gamers and activists gathered outside Electronic Arts headquarters in Redwood City on May 11 to voice opposition to the company's recent layoffs, microtransactions, and a planned $55 billion acquisition by Saudi Arabia.

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Build a Rocket Boy, developer of the struggling open-world shooter MindsEye, has laid off roughly 170 of its 250 staff—its third round of redundancies in the past year—leaving around 80 employees, sources tell Kotaku. The cuts follow two prior rounds, the March 2026 closure of its French studio, and come amid poor reception to a recent Blacklist update.

 

 

 

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