Lithium-rich layered oxides (LLOs) are one of the promising cathode materials for next generation energy storage devices, but structural degradation and severe capacity decay during cycling have hindered applications. Here, we find cobalt effectively mitigate structural degradation and develop a simple and novel metal organic framework (MOF) treatment and surface reconstruction method to fabricate Co gradient layer on LLOs. In situ and ex situ microstructural studies show the capacity decay is mainly originated from the formation of microstructural defects such as voids and pores, continuous oxygen release and formation of spinel and rock-salt structure initiated from the surface. The reconstruction leads to the formation of an artificial layer of Co rich and Li poor spinel (Co3O4) and rock-salt (CoO) structure on surface, suppressing the diffusion of cations and O−1/O−2 anions toward the surface during cycling. The LLO-Co cathode exhibits enhanced cycling stability with a capacity retention of 94.4% at 0.2 C after 100 cycles and a high capacity of 183 mAh g−1 at 1 C, in comparison with those of untreated LLO (80.5% and 153 mAh g−1). This work sheds lights on better utilize rare Co resource in the development of high capacity and cyclability cathode materials for lithium-ion batteries.