The workforce reduction follows an extended period of instability within the organization’s leadership.
The Ethereum Foundation is cutting around 20% of its staff, eliminating 54 positions as part of a sweeping restructuring that comes after continued executive departures and growing fragmentation across the broader Ethereum ecosystem.
Outlined Tuesday in a blog post, the layoffs cap a months-long internal overhaul tied to the rollout of the Foundation’s revised mandate and treasury strategy. The EF said the changes are intended to streamline operations and sharpen focus around the “core priorities” required to support Ethereum’s long-term evolution.
The move comes amid ongoing leadership turnover. Co-executive director Hsiao-Wei Wang stepped down earlier this month, following the earlier departure of co-executive director Tomasz Stańczak. Board member Bastian Aue has since taken on expanded oversight, managing the transition and day-to-day functions.
In total, roughly nine senior leaders have exited or transitioned out of the Foundation over the past six months, intensifying scrutiny around its governance model as Ethereum faces increasing competition from rival blockchain platforms.
Even as the Foundation scales back, other parts of the ecosystem are expanding. On Monday, BitMine Immersion Technologies and SharpLink Gaming—two of the largest publicly listed Ethereum treasury firms—joined Ethereum co-founder Joseph Lubin in supporting ETHLabs, a new non-profit initiative focused on advancing Ethereum’s technical roadmap and institutional adoption.
As part of the restructuring, the Foundation has reorganized its work into five key divisions, including a dedicated institutional unit centered on enterprise engagement, financial infrastructure, and policy coordination.
A spokesperson for the Ethereum Foundation did not respond to requests for comment by the time of publication.
Read more: Ethereum Foundation talent exodus sparks fresh debate over leadership
