[2016-01-07] Ethereum Foundation Cuts Costs in Half While Forming Long Term..

[Sturgeon]

Under the leadership of its new executive director Ming Chan, the Ethereum Foundation has reduced its monthly expenditure from a 2015 peak of approximately 400,000 EUR per month to about 175,000 EUR, according the protocol’s founder, Vitalik Buterin.

http://allcoinsnews.com/2016/01/07/ethereum-foundations-cuts-costs-in-half-while-forming-long-term-strategies/