Rivian is cutting 1% of its workforce, its second round of job cuts this year. Here's why the Rivian layoffs aren't harming ...
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.
Elon Musk is down half a dozen Tesla executives and leaders amid layoffs in the last month.
Rivian announced more company-wide layoffs on Wednesday. According to Rivian’s Corporate Communications Sr. Manager Kelli ...
A company spokesperson said the layoffs will not affect hourly manufacturing workers at the Normal facility, which employs ...
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
Rivian said the latest round of cuts affect about 1% of its workforce.
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 ...
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 ...
Tesla Inc. CEO Elon Musk said expansion of the automaker's Supercharger network will slow, following media reports that the ...