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CHICAGO -- Rivian announced Wednesday that it will lay off 10% of its salaried workers beginning Thursday morning, amid a quarterly loss and an increasingly competitive EV market. "Our business is ...

First reported by Reuters on Wednesday, Rivian is laying off 6% of its workforce, which is approximately 840 jobs. It’s the California-based EV startup’s second round of layoffs since July.

Layoffs at EV startup Rivian began this week. The company is cutting costs amid its production ramp-up and concerns about the economy. Former employees are posting on LinkedIn about the cuts ...

Rivian has not issued layoffs. Although it’s clear from the email that Rivian’s management team has been working to assess whether to reduce the workforce. Scaringe said in the email that the ...

Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric-vehicle maker has grown too quickly, according to people familiar with the matter.

Rivian Automotive Inc., at one time considered the darling of the electric vehicle market, has informed state officials that it plans more layoffs in California. In an April 24 letter to the state ...

Rivian, the Amazon-backed manufacturer of electric ... Scaringe wrote in an email to employees announcing the layoffs. The Irvine, California-based company offered departing employees 14 weeks ...

July 12 (Reuters) - Electric truck maker Rivian Automotive (RIVN.O), opens new tab will brief employees on Friday on potential layoffs and plans to suspend some programs as part of a broader ...