Business Layoffs News

Rivian's Ongoing Struggles: Layoffs, Stock Downgrades, and Tough EV Market

A former Rivian employee, who survived three earlier layoffs, shares their experience of being laid off from the company. Despite initially being enthralled by the startup's mission and culture, the constant layoffs led to frustration and anxiety, making major life decisions difficult. The employee describes the anxiety and anticipation leading up to the layoff announcement, and the subsequent relief of no longer working for a company where job security was a recurring concern. They also reflect on the company's aggressive cost-cutting measures and their plans to seek new job opportunities, potentially at another startup.