Ethereum Foundation Completes Restructuring, Lays Off 54 Employees

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According to the Ethereum Foundation, the organization has completed a restructuring that reorganizes it into five business divisions: protocol layer, access layer, user layer, community layer, and institutional layer, along with operations and management support teams. The restructuring resulted in the reduction of 54 employees, approximately 20% of its total workforce. The foundation will provide severance compensation and transition support to departing staff members.
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