Rivian Automotive’s recent announcement of additional layoffs, affecting approximately 1% of its workforce, underscores ...
Irvine-based Rivian Automotive will cut an another 1% of its workforce, the second round of layoffs this year as the ...
Fisker's difficulties scared people who considered buying an electric vehicle from other startups or even Tesla, considering ...
The new layoffs come after Rivian cut 10% of its salaried employees in February. Rivian Automotive Inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off ...
Price cuts, politics, and a stubborn belief that charging an EV is still too hard is holding a lot of people back. And the ...
Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The EV-maker brought in $1.2 ...
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 ...
Elon Musk is down half a dozen Tesla executives and leaders amid layoffs in the last month.
Cost-cutting layoffs have had little effect on Rivian's bottom line, as the troubled electric car maker has limped from ...