As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
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 is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
Tesla is reportedly gutting its EV charging team, laying off around 500 employees.The news sent shockwaves through the ...
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 ...
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 ...