Ethereum Foundation cuts 20% of staff amid leadership exodus
The Ethereum Foundation is cutting roughly 20% of its workforce, eliminating 54 positions as part of a broad restructuring that comes amid sustained senior leadership turnover and growing fragmentation across the wider Ethereum ecosystem. The layoffs, announced Tuesday in a blog post, conclude a months-long internal reorganization tied to the implementation of the Foundation’s updated mandate and treasury policy. The EF said the reduction leaves it “leaner and more focused,” with a structure aligned around what it described as the “critical tasks” needed to support Ethereum’s long-term development.