The Ethereum Foundation has concluded a months-long reorganization process, emerging with a new five-cluster operational structure and 54 fewer staff, or roughly 20% of its total workforce, as it implements its Mandate and Treasury Management Policy.
The foundation announced the changes Tuesday in a post on its official blog, saying the changes give the organization "the structure, activities, and people necessary for execution on the critical tasks ahead."
Departing colleagues will also receive severance at the higher of one month's pay per year worked at the EF or the locally mandated amount for their jurisdiction — the same package offered to colleagues who left in prior months.
The EF said transition support will include ecosystem placement assistance and a small grant to cover individual transition costs such as career coaching. Many of the departing staff, the foundation said, are expected to continue contributing to the Ethereum ecosystem from outside the organization.
The move comes just one day after a new Ethereum R&D organization called Ethlabs launched, to help with institutional adoption, and a wave of resignations of several EF executives, including two co-executive directors and the three co-leads of the major Protocol Cluster. In previous announcements, the EF has announced it will now focus its efforts on developing and supporting censorship resistant, open source, private, and secure (CROPS) technologies.
