As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
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.
Let's dive into whether now is the time for investors to buy Rivian, or if RIVN stock could have further downside from here.
Rivian said the latest round of cuts affect about 1% of its workforce.
Rivian Automotive, Inc. announced a new round of layoffs, and an additional one percent of its workforce is set to be ...
EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff ...
Rivian shares are trading lower by 1.5% during Monday's session. The EV sector may be trading lower in sympathy with Tesla ...
The promotion includes a year of free charging and is targeting owners of popular gas trucks like the Ford F-150 and Toyota ...
Tesla is not having a good start to the week. In its defense, it didn't have a very good end to last week, either.