Chinese EV maker NIO is denying rumors of a second round of layoffs circulating on social media. The speculation ...
Electric vehicle upstart Rivian, which recently put on pause plans to build a Georgia factory, said this week it is laying off more workers as it cuts costs to buttress its balance sheet.
As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
Rivian laid off about 1% of its employees. This occurred just two months after the corporation had let off ten percent of its workforce due to a decline in the market for its cars and other electronic ...
After the global staff was cut in layoffs on Monday, Musk says the company is fixing severance offers for some former ...
Latest wave of redundancies is the the EV-maker’s response to sluggish demand for electric cars in North America ...
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
This development follows similar actions by other players in the EV industry. Rivian, in a recent announcement ... This ...
Rivian Automotive gets a lowered price target from an analyst with questions lingering on demand for electric vehicles.
D eeply troubled EV company Rivian, which is almost certainly too small to survive the current downtrend in EV sales, has set ...
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...
One recent homebuyer's brief experience working with a real-estate agent left him feeling way better off doing it himself.