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· Hsiao-Wei Wang leaves the Ethereum Foundation, 54 jobs go, and pcaversaccio joins its board

pcaversaccio Joins the Ethereum Foundation Board After 54 Job Cuts

Hsiao-Wei Wang left on June 18, 2026, the Ethereum Foundation cut 54 jobs on June 23, and pcaversaccio joined its board on July 29.

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Rows of black chairs in an empty conference hall with a few chairs on a distant stage
Rows of black chairs in an empty conference hall with a few chairs on a distant stage. Photo · Pexels

On June 18, 2026, at 14:16 UTC, Hsiao-Wei Wang posted, “After my sabbatical, I have decided to step down as co-executive director and board member of the Ethereum Foundation (@ethereumfndn), effective today.” Five days later the Foundation announced the end of 54 positions, and on July 29 it added pcaversaccio to its board. Forty-one days separate the first post from the last.

Cite this piece

Ryan Elliott Dennis, "pcaversaccio Joins the Ethereum Foundation Board After 54 Job Cuts," CryptoLately, Jun 18, 2026, https://cryptolately.com/articles/ethereum-foundation-board-and-layoffs-2026

Tags: governance · layoffs · Ethereum Foundation · board

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