SoundCloud followed up last year's extensive layoffs with more this May. The streaming audio service said it would shed 8 ...
This latest round of layoffs will be aimed at cutting operational ... Just like many other EV startups, Rivian is grappling with production ramp-up and declining cash reserves.
The layoffs were expected to be completed on or around April 14. RELATED: A look inside Rivian’s new EV factory The staffing reductions will impact a variety of positions, including “trail ...
Employees are being notified and the layoffs are effective ... to produce its next-generation EV on the smaller R2 platform beginning in 2026. In July, Rivian implemented a similar downsizing ...
Reuters, which has seen an email sent by Rivian CEO R.J. Scaringe, says the layoffs won’t be impacting Rivian’s operations at its Normal, Illinois, factory. Rivian has around 14,000 employees.
Around 89,703 layoffs were announced in March ... followed by rapid hiring last year. EV maker Rivian Automotive laid off 6% of its workforce in an effort to cut costs as an industry-wide price ...
The layoffs were expected to be completed on or around April 14. RELATED: A look inside Rivian’s new EV factory The staffing reductions will impact a variety of positions, including “trail ...
Rivian conducted layoffs in 2022, but that wasn't enough to help the fledgling EV brand's bottom line. The company laid off another six percent of its employees in February, or about 840 workers.
The layoffs were expected to be completed on or around April 14. RELATED: A look inside Rivian’s new EV factory The staffing reductions will impact a variety of positions, including “trail” engineers, ...
Rivian conducted layoffs in 2022, but that wasn't enough to help the fledgling EV brand's bottom line. The company laid off another six percent of its employees in February, or about 840 workers.
The layoffs were expected to be completed on or around April 14. RELATED: A look inside Rivian’s new EV factory The staffing reductions will impact a variety of positions, including “trail ...