Ethereum Structure Overhauls R&D Team, Implements Staff Layoffs
Ethereum Foundation restructures R&D team amid layoffs as part of a shift in tactical direction. The post Ethereum Foundation Overhauls R&D Group, Implements Personnel Layoffs initially appeared on Coinfea.
Ethereum Structure reorganizes R&D group amidst layoffs as part of a shift in strategic direction. The company has actually released some members from its research and development department to better align with its developing focus on protocol style and efficiency enhancements. This move comes as the foundation aims to enhance the Ethereum base layer and address scaling obstacles dealing with the network.
R & D division rebranded as protocol. The Ethereum Structure announced that it has renamed its Procedure Research and Advancement division to simply ‘Protocol.’ This rebranding is intended to show the group’s renewed objective, which includes enhancing user experience, scaling infrastructure, and enhancing Ethereum’s blobspace. The structure believes that this focus is critical to supporting extensive blockchain adoption. As part of the transition, all Protocol teams have been tasked with contributing to these efforts, specifically in areas such as zero-knowledge rollups and layer-2 technology.
Staff reductions and internal changes. While the structure has actually not disclosed the specific number of workers impacted, it confirmed that not all R&D members will remain part of the new structure. Despite the layoffs, the company expressed support for the departing employees, encouraging their continued involvement in the Ethereum community and suggesting that other projects consider hiring them. Co-executive director Hsiao-Wei Weng stated on social media that the restructuring should help the group focus on delivering valuable outcomes. He also acknowledged the contributions of Tim Beiko, Alex Stokes, and Barnabé Monnot in shaping the newly formed Protocol team.
Leadership and Governance overhaul. Since 2023 began, the Ethereum Foundation has been modifying its leadership and governance processes. Vitalik Buterin, one of the co-founders, announced a set of improvements in January aimed at addressing issues that have slowed Ethereum down. The objective of these reforms was to enhance how the public was informed, how its members discussed matters, and how they supported application developers. However, employees at the technology company began debating over issues and how transparent the company should be. Members of the community argue that the network suffers from high transaction costs, modest developer interest, and slow responses from its leaders, putting it at a disadvantage compared to Solana. Changes were also implemented, such as separating the roles of the board from those of the executives. The structure assigned the roles of co-executive directors to Hsiao-Wei Weng and Tomasz Stańczak, and Aya Miyaguchi became president. Since departing from the Solana project, Danny Ryan has embarked on a new venture exploring Ethereum in the realm of finance.
The post Ethereum Foundation Overhauls R&D Group, Implements Staff Layoffs initially appeared on Coinfea.
