RMI announced plans Tuesday to lay off 10 percent of its staff, citing “increased uncertainty around revenue sources.”
Jon Creyts, the Colorado-based clean energy think tank’s CEO, noted in an evening email to employees that RMI has grown rapidly in recent years, “driven by urgent global need and strong funding support.”
“But the external landscape has shifted quickly,” he said.
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The Trump administration has terminated two of RMI’s grants from the Department of Energy — one for $5.3 million and another for $1.5 million. But the nonprofit, previously known as the Rocky Mountain Institute, said those frozen grants represented only a small fraction of RMI’s budget and didn’t force the layoffs.
