Irvine-based Rivian Automotive will cut an another 1% of its workforce, the second round of layoffs this year as the electric ...
Stock Market News, Stock Advice & Trading Tips Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global ...
SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round ...
As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
We also discuss Rivian's plans to add hundreds of new jobs and the leadership change at Mercedes' Alabama plant.
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
Tesla laid off multiple teams in the latest cuts made after announcing a 10% reduction in employees earlier this month.
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...
Rivian has cash reserves of $9.4 billion at the end of 2023 while it produced 57,000 cars in 2023. Read why I'm bullish on ...
EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff ...
The number of employees affected was at the time unknown. Is reducing its total workforce by 1%. It’s the second round of layoffs for the EV maker this year. Is laying off 5% of its workforce, ...