As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of ...
The drive to electrify personal cars in California has, at best, hit a rough patch. The big question is whether current ...
Skeptical consumers are not rushing out to buy the electric vehicles that virtue-signaling, climate-obsessed elites have ...
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 (RIVN) is cutting more jobs as the EV maker aims to improve profitability. This is the second round of layoffs this ...
Latest wave of redundancies is the the EV-maker’s response to sluggish demand for electric cars in North America ...
D eeply troubled EV company Rivian, which is almost certainly too small to survive the current downtrend in EV sales, has set ...
Rivian said the latest round of cuts affect about 1% of its workforce.
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...