As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.

D eeply troubled EV company Rivian, which is almost certainly too small to survive the current downtrend in EV sales, has set ...

SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round ...

Rivian (RIVN) is cutting more jobs as the EV maker aims to improve profitability. This is the second round of layoffs this ...

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. announced a new round of layoffs, and an additional one percent of its workforce is set to be ...

Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...

EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff ...

Rivian Automotive will cut an another 1% of its workforce, the second round of layoffs this year as the electric vehicle ...

Rivian said the latest round of cuts affect about 1% of its workforce.

But shares of Rivian hit a record low on Tuesday amid intensifying concerns around the souring consumer EV sentiment. Companies that bet billions of dollars on an all-electric future are now ...