Ethereum Foundation trims staff by 20% in major restructuring

The foundation has reorganized into five primary divisions: protocol, access, user, community, and institutional. The protocol unit remains the focal point for core technological advancements, including ongoing work on the upcoming Glamsterdam upgrade, which targets block production transparency and client data processing improvements. Other departments will shift their attention toward broader ecosystem engagement and institutional adoption.

This restructuring follows a period of leadership transition, notably the recent resignation of co-executive director Hsiao-Wei Wang. Despite the workforce reduction occurring against a backdrop of market volatility where ETH prices hovered near $1,650, the foundation maintains that the decision was driven by long-term strategic alignment rather than short-term market pressures. Departing employees are receiving severance packages, transition support, and specific grants to facilitate their move to other roles within the broader Ethereum ecosystem.