The Ethereum Foundation is reducing its workforce by about 20% as it undergoes a restructuring, multiple outlets report. The changes involve cutting 54 positions and reorganizing the organization into a more focused operating model. Specifically, reporting describes a new structure built around five “clusters,” which the Foundation says is aimed at making teams more targeted and the overall operation more efficient.
The layoffs and reorganization are described as part of a longer-simmering effort that follows leadership changes within the organization, according to coverage. Cointelegraph additionally reports that Vitalik Buterin says the Foundation plans to cut its budget by roughly 40%, though the extent and timing of the budget reduction is not further detailed in the other articles.
Overall, the sources agree on the scale of the workforce reduction (54 jobs, roughly 20%) and the shift toward a cluster-based organizational structure. The reporting also links the restructuring to recent leadership departures and efforts to “leaner” operations, while noting that the organization is communicating the change as strategic rather than project-specific.