Svmuu News: According to official reports, the Ethereum Foundation has completed a restructuring process that spanned several months. Currently, the Ethereum Foundation is organized into five business segments: the Protocol Layer, Access Layer, User Layer, Community Layer, and Institutional Layer. In addition, the foundation has established operations and management support teams.
As a result of these adjustments to its structure, activities, and expenditures, the Ethereum Foundation has laid off 54 employees, representing approximately 20% of its total workforce. Ethereum The Foundation will provide severance pay and transition support to departing employees. Severance pay will be calculated as one month’s salary for each full year of service at the Ethereum Foundation, or the higher amount under local statutory standards.