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.
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
Tesla has laid off two executives and the hundreds of employees on the company's supercharging team late Monday — a move with ...
Elon Musk is down half a dozen Tesla executives and leaders amid layoffs in the last month.
EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff ...
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 ...
RIvian is gearing up to report earnings on May 7. Here's why, despite its problems, RIVN stock is still a good buy ahead of ...
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...
With more rival EV makers set to turn on access to Tesla's network throughout the year, Musk axes the 500-person ...
Stock Market News, Stock Advice & Trading Tips Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global ...
Rivian said the latest round of cuts affect about 1% of its workforce.