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In a recent interview with Yahoo! Finance, Rivian Chief Software Engineer Wassym Bensaid revealed that the EV startup will be ...
Rivian said it would layoff 6 percent of its employees, or around 840 workers. Its manufacturing workers at its EV factory will not be affected. Manufacturing workers won’t be affected.
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 Automotive is laying off 6% of its workforce in an effort to cut costs as the EV maker, already grappling with falling cash reserves and a weak economy, braces for an industry-wide price war.
First reported by Reuters on Wednesday, Rivian is laying off 6% of its workforce, which is approximately 840 jobs. It’s the California-based EV startup’s second round of layoffs since July.
Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric-vehicle maker has grown too quickly, according to people familiar with the matter.
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 ...
Rivian has not issued layoffs. Although it’s clear from the email that Rivian’s management team has been working to assess whether to reduce the workforce.
Yesterday, it announced plans to lay off even more workers. This time around, though, the Rivian layoffs are much less significant. Only 1% of its jobs are being eliminated in a clear attempt to ...