Citing “unexpected changes in federal funding,” the Durham-based global research nonprofit RTI International announced additional layoffs Tuesday impacting 340 U.S. employees, including 177 in North Carolina.
The organization has now cut more than 500 positions since early March and said it expects to further reduce its headcount in the coming weeks as at least a third of its revenue is affected by Trump administration policies.
“Taking this step was not easy, but it’s necessary to position RTI for long-term success and strengthen our ability to serve federal, state and local government and commercial clients,” RTI International CEO Tim Gabel said in a statement. “We understand the weight of these decisions and the real impact they have on our staff members.”…