Ethereum Foundation Lays Off Some Staff Amid R&D Restructuring

1 day ago

The Ethereum Foundation has laid disconnected immoderate members of its probe and improvement squad arsenic portion of a broader restructuring effort aimed astatine refocusing connected captious protocol plan challenges, the enactment said in a blog post Monday.

The shake-up comes arsenic the Switzerland-based nonprofit grapples with ongoing disapproval implicit its management and strategical direction. Some successful the Ethereum assemblage person warned for implicit a twelvemonth that nonaccomplishment to code cardinal method hurdles could endanger Ethereum's presumption arsenic an manufacture leader, and the enactment has already undergone enactment changes successful portion to code these concerns.

The instauration is rebranding its Protocol Research and Development part nether the simplified sanction “Protocol,” and is repositioning the radical astir 3 main priorities: scaling Ethereum’s basal layer, expanding blobspace (a cardinal portion of its information availability strategy), and improving idiosyncratic experience.

“The changes we’re announcing contiguous are a departure from our erstwhile ways of working, but we consciousness these acceptable america connected a much responsive and effectual path,” the instauration said successful its post.

The EF did not disclose however galore unit were affected by the layoffs. “[S]ome members of PR&D won’t beryllium continuing with the Ethereum Foundation,” the blog stated. “We anticipation these individuals proceed connected successful the Ethereum ecosystem and promote others gathering retired their teams to question them out.”

A spokesperson for the instauration did not respond to a petition for comment.

The restructured Protocol squad volition serve arsenic a hub for Ethereum’s halfway improvement efforts, aiming to amended nationalist visibility into upgrade timelines, method documentation, and research.

“We're hopeful that this caller operation volition empower our interior teams to absorption much intelligibly and thrust cardinal initiatives forward,” said Hsiao-Wei Weng, the co-executive manager astatine the EF successful a station connected X.

Read more: Ethereum Foundation Picks New Co-Executive Directors, Following Leadership Reshuffle


View source