Rivian is cutting 1% of its workforce, its second round of job cuts this year. Here's why the Rivian layoffs aren't harming ...
As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
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 said the latest round of cuts affect about 1% of its workforce.
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.
Tesla is reportedly gutting its EV charging team, laying off around 500 employees.The news sent shockwaves through the ...
EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff ...
Members of the Rivian subreddit posted details of a survey they received, asking how much they'd be willing to spend on ...
Stock Market News, Stock Advice & Trading Tips Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global ...
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...