Noah Tweedale told Pump.fun's staff in a recorded meeting in late March 2026 that the company had "grew too quickly" and had to slow down. Within weeks, the Solana memecoin launchpad began firing people. Cointelegraph reported it on July 31, 2026, at 19:16 UTC. Pump.fun had let go an undisclosed number of employees two months before they were due to receive PUMP tokens worth millions of dollars. Ryan S. Gladwin broke the story nine hours earlier. He posted it on X at 09:40 UTC on July 31, citing an investigation by the market data outlet Sandmark.
· Reports show Pump.fun fired staff two months before their PUMP token grants were due to vest
Noah Tweedale Fires Dozens at Pump.fun Before Tokens Vest
Pump.fun cut more than 40 staff in two rounds starting in early April 2026, weeks before the first quarter of their PUMP token grants was due to vest in June. The company's own team and investors collected a $102 million unlock in July.

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Pump.fun · Baton Corporation Ltd · Sandmark · PumpSwap