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

1 min read
Source: Business Insider
Rivian's Ongoing Struggles: Layoffs, Stock Downgrades, and Tough EV Market
Photo: Business Insider
TL;DR Summary

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.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

4 min

vs 5 min read

Condensed

88%

81494 words

Want the full story? Read the original article

Read on Business Insider