The Fred Hutchinson Cancer Research Center’s headquarters in Seattle’s South Lake Union neighborhood. (Fred Hutch Photo)
Seattle’s Fred Hutchinson Cancer Research Center is cutting about 70 jobs, about 2% of its workforce of more than 3,000 people, GeekWire has learned.
In internal messages about the job cuts, Fred Hutch officials are citing the impact of the economic downturn on the research institution’s budget. The layoffs are believed to be primarily in non-scientific positions. Fred Hutch has not yet commented publicly on the cuts.
Fred Hutch reported operating revenues of $714 million in its 2019 fiscal year, 56% of which came from contracts and government grants, 16 percent from gifts and philanthropic grants, and 6 percent from investment income. The 44-year-old organization is ranked first in National Institutes