Ethereum Foundation Cuts 20% of Staff, 54 Positions Eliminated Amid Leadership Reshuffles

According to Coindesk, the Ethereum Foundation cut roughly 20% of its workforce on Tuesday, eliminating 54 positions as part of an internal restructuring tied to updated mandate and treasury strategy. The Foundation reorganized operations into five work clusters focused on critical development tasks.

The layoffs come amid sustained leadership turnover. Co-executive director Hsiao-Wei Wang stepped down earlier this month, following the earlier departure of co-executive director Tomasz Stańczak. Nine senior figures have left or transitioned out of the Foundation over the past six months, with board member Bastian Aue now overseeing operations during the transition.