The Ethereum Foundation (EF) has undergone a significant reorganization, resulting in a 20% reduction of its workforce, which translates to 54 job losses. This restructuring aligns with the foundation's new Treasury Mandate and Governance Policy, aiming to enhance operational efficiency.
Under the revamped framework, the EF is now segmented into five core clusters: Protocol Layer, Access Layer, User Layer, Community Layer, and Institutional Layer, supplemented by support divisions for operations and management.
Those affected by the layoffs have been offered severance packages that guarantee at least one month's salary for each year of service or the local minimum, along with help in securing new positions within the Ethereum ecosystem and a small grant to cover related expenses.
