SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round ...
As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
Rivian’s stock continues to decline, as the EV maker faces increasing competition and declining demand. What are the prospects for a rebound?
Rivian has cash reserves of $9.4 billion at the end of 2023 while it produced 57,000 cars in 2023. Read why I'm bullish on ...
A company spokesperson said the layoffs will not affect hourly manufacturing workers at the Normal facility, which employs ...
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...
Rivian announced more company-wide layoffs on Wednesday. According to Rivian’s Corporate Communications Sr. Manager Kelli ...
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
Tesla is reportedly gutting its EV charging team, laying off around 500 employees.The news sent shockwaves through the ...
EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff ...
Members of the Rivian subreddit posted details of a survey they received, asking how much they'd be willing to spend on ...
Stock Market News, Stock Advice & Trading Tips Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global ...