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Ethereum Foundation Lays Off Staff Amid R&D Rebrand - Unchained Crypto
The Ethereum Foundation on Monday announced a significant restructuring of its research and development division, now rebranded simply as Protocol.
As part of the overhaul, the foundation confirmed that it had laid off several staff members, without specifying names or the number of people it had given their marching orders.
Some of the areas the team hopes to address are prioritizing core protocol work in scaling the base layer and streamlining operations as it departs from a “messy” R&D process with what it describes as too many parallel projects.
This story is an excerpt from the Unchained Daily newsletter
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The shakeup comes amid an ongoing debate within the Ethereum community over the foundation’s role and effectiveness
In February, former Executive Director Aya Miyaguchi became the foundation’s president as part of a leadership restructuring aimed at addressing those concerns.
“The changes we’re announcing today are a departure from our previous ways of working, but we feel these set us on a more responsive and effective path,” the foundation said.