The job cuts come after a prolonged period of turbulence within the organization’s leadership ranks.
The Ethereum Foundation is laying off roughly 20% of its staff, eliminating 54 roles as part of a broader restructuring effort that follows sustained executive turnover and increasing fragmentation across the wider Ethereum ecosystem.
Disclosed Tuesday in a blog post, the layoffs mark the culmination of a months-long internal reorganization tied to the rollout of the Foundation’s updated mandate and treasury framework. The EF said the changes are designed to make the organization “leaner and more focused,” aligning resources around the “key priorities” needed to support Ethereum’s long-term development.
The downsizing follows significant leadership disruption. Co-executive director Hsiao-Wei Wang stepped down earlier this month, after the earlier exit of co-executive director Tomasz Stańczak. Board member Bastian Aue has since taken on expanded responsibilities, overseeing both the transition and daily operations.
Altogether, about nine senior figures have exited or transitioned out of the Ethereum Foundation over the past six months, intensifying scrutiny of its governance structure as Ethereum faces rising competition from rival blockchain networks.
While the Foundation contracts, other parts of the ecosystem are scaling up. On Monday, BitMine Immersion Technologies and SharpLink Gaming—two of the largest publicly traded Ethereum treasury firms—joined Ethereum co-founder Joseph Lubin in backing ETHLabs, a new non-profit initiative aimed at accelerating Ethereum’s technical roadmap and institutional adoption.
As part of the restructuring, the Foundation has reorganized its operations into five core divisions, including a dedicated institutional arm focused on enterprise engagement, financial infrastructure, and policy coordination.
A spokesperson for the Ethereum Foundation did not respond to a request for comment before publication.
Read more: Ethereum Foundation talent exodus sparks fresh debate over leadership
