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’s stock continues to decline, as the EV maker faces increasing competition and declining demand. What are the prospects for a rebound?
A company spokesperson said the layoffs will not affect hourly manufacturing workers at the Normal facility, which employs ...
Rivian announced more company-wide layoffs on Wednesday. According to Rivian’s Corporate Communications Sr. Manager Kelli ...
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 planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...
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 ...
Tesla stock has rallied more than 30% since first-quarter earnings last week. Meanwhile Elon Musk is letting more top ...
Stock Market News, Stock Advice & Trading Tips Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global ...