The Ethereum Foundation announced today a reorganization resulting in the elimination of 54 positions, which is roughly 20% of the total workforce.
These changes conclude an internal process spanning several months aimed at aligning operations with the strategic documents previously published by the organization.
Scope of layoffs
The EF management has confirmed this reduction in an official blog post published today. The departures represent about one-fifth of the organization, paving the way for a more focused team, aligned with long-term priorities.
Today, the EF is changing shape, concluding a months-long reorganization process as part of the implementation of the Mandate and the Treasury Management Policy. We emerge from this process with the structure, activities, and people necessary for execution on the critical…
— Ethereum Foundation (@ethereumfndn) June 23, 2026
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Guided by the mandate and treasury policy
These changes implement the EF mandate published on March 13, 2026, as well as the treasury management policy from June 4, 2025.
This policy now caps annual operational spending at 15% of treasury assets, with a gradual decline towards a long-term benchmark of 5%.
"We are emerging from this process with the structure, activities, and people necessary to fulfill the crucial missions ahead of us," the foundation stated.
The EF has adopted a seven-pole structure with clearer responsibilities in key areas, emphasizing priority on protocol security, censorship resistance, and user self-sovereignty.
Affected staff will receive a severance package equivalent to one month's salary per year of service (or the higher local legal minimum), along with transition assistance and support for repositioning in the ecosystem.
With a more streamlined core, independent teams and corporate players are expected to take on a larger role. Investors will need to keep an eye on upcoming treasury reports and protocol milestones to verify the ongoing deployment of this strengthened mandate.
Recent departures within the leadership and shifts in the ecosystem
This initiative is taking place against a backdrop of increased leadership rotations at the Ethereum Foundation and deep changes in the ecosystem.
In the past ten days, BeInCrypto reported the resignation of Hsiao-Wei Wang from the position of co-executive director and board member on June 19, marking the second departure of a co-leader in 2026 after Tomasz Stańczak left in February.
Since January, at least eight executives have left the organization, raising questions about governance and the direction taken during this extensive reorganization of the foundation.
Discussions about funding core development are also heating up. On June 20, Tom Lee dismissed warnings about a potential 'latent crisis,' calling those concerns exaggerated, while the EF cuts back on expenses.
Two days later, on June 22, five former senior researchers from the EF launched Ethlabs, a new independent nonprofit structure, notably supported by Lee, Joe Lubin, and others, to accelerate institutional adoption.
These events reflect a circulation of talent and initiatives from the foundation contracting towards an increasingly decentralized ecosystem.