Even after announcing another round of job cuts, Rivian Automotive (NASDAQ:RIVN) stock is rising today. In February 2024, the ...
As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
D eeply troubled EV company Rivian, which is almost certainly too small to survive the current downtrend in EV sales, has set ...
Rivian (RIVN) is cutting more jobs as the EV maker aims to improve profitability. This is the second round of layoffs this ...
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 said the latest round of cuts affect about 1% of its workforce.
EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff ...
But shares of Rivian hit a record low on Tuesday amid intensifying concerns around the souring consumer EV sentiment. Companies that bet billions of dollars on an all-electric future are now ...
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...