As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
Even after announcing another round of job cuts, Rivian Automotive (NASDAQ:RIVN) stock is rising today. In February 2024, the ...
SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round ...
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
Rivian (RIVN) is cutting more jobs as the EV maker aims to improve profitability. This is the second round of layoffs this ...
EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff ...
Rivian Automotive, Inc. announced a new round of layoffs, and an additional one percent of its workforce is set to be ...
Rivian said the latest round of cuts affect about 1% of its workforce.
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...
SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round of job cuts this year - as it reduces cost amid a broader slowdown in ...