Rivian Announces Over 600 Job Cuts Amid EV Market Challenges
TL;DR Summary
Rivian Automotive is laying off over 600 employees, about 4.5% of its workforce, as part of restructuring efforts to streamline operations and prepare for the launch of its new R2 model amid a challenging US EV market influenced by policy changes and economic factors.
- Rivian Cuts About 600 Jobs in Latest Setback for EV Maker Bloomberg.com
- Exclusive | Rivian to Lay Off More Than 600 Workers Amid EV Pullback The Wall Street Journal
- Rivian CEO takes top marketing role in shakeup ahead of R2 launch Yahoo Finance
- Roundup: Rivian layoffs / Port of NOLA / Legislative special session Baton Rouge Business Report
- Rivian plans to lay off more than 600 workers CNBC
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