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A Scout executive took to LinkedIn Monday inviting laid-off Rivian employees to apply at the VW Group EV brand.
The company laid off around 1% of its total workforce, or around 140 employees. It's the third round of cuts since the start ...
Rivian posted losses of roughly $5 billion through the first nine months of 2022, but it had an order book of more than 114,000 as of Nov. 7, the company has said. At the end of September, it also ...
Rivian, which has more than 8,000 workers at its manufacturing facility in Normal, will lay off approximately 10% of its salaried employees along with a “limited number” nonmanufacturing ...
Rivian said Wednesday that the layoffs would impact about 6% of the company's 14,000-person workforce. Bloomberg News initially reported earlier this month that the startup was planning hundreds ...
Rivian Automotive Inc.'s shares surged in morning trading on Thursday following news that the electric truck maker will lay off 6% of its workforce, or more than 800 employees.. The Irvine ...
Rivian stock has trended upward recently despite facing challenges. Here is a look at where the stock could be in a year.
Rivian is the latest company to announce layoffs. In January, companies planned 82,307 job cuts, a 136% increase from the previous month, according to a report published by Challenger, Gray ...
Rivian Automotive Inc., at one time considered the darling of the electric vehicle market, has informed state officials that it plans more layoffs in California. In an April 24 letter to the state ...
The latest Rivian layoffs could end up helping usher in a new era for this company. Some experts are likely still skeptical, given how much RIVN stock has fallen over the past few months.