Irvine-based Rivian Automotive will cut an another 1% of its workforce, the second round of layoffs this year as the electric ...
Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global workforce shook the electric vehicle (EV) market and EV ...
Cost-cutting layoffs have had little effect on Rivian's bottom line, as the troubled electric car maker has limped from ...
Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go ...
Rivian had an eventful first quarter that included a splashy reveal of its future R2 and R3 EV lineup as well as more belt tightening and layoffs. In February, Rivian laid off 10% of its workforce as ...
On April 17, the company said that it would lay off 1% of its workforce, taking another step on a long road to chipping away ...
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 ...
These three EV stocks could be next to announce their employees are on the chopping block. Rivian Automotive (NASDAQ:RIVN) has already announced two rounds of layoffs, and we’re only four months ...
These three EV stocks could be next to announce their employees are on the chopping block. Rivian Automotive (RIVN) Rivian Automotive (NASDAQ:RIVN) has already announced two rounds of layoffs ...
EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff Bezos-backed company cut 10 percent of its 16,790 employees across North ...