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Rivian, Stock
EV Company Rivian’s Stock Down 61%
While Tesla Inc. (NASDAQ: TSLA) stock experienced a downturn this year, the situation for smaller electric vehicle (EV) maker Rivian Automotive Inc. (NASDAQ: RIVN) was even more challenging. Unlike Tesla,
Rivian (RIVN) is cutting another 1% of jobs as the EV maker works toward profitability
Rivian (RIVN) is cutting more jobs as the EV maker aims to improve profitability. This is the second round of layoffs this year, but it’s only 1% of the workforce this time.
Why May 7 Could Be a Make-or-Break Date for Rivian Stock Investors.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips As the electric vehicle market softens, things look bleak for Rivian
11d
Rivian's 2024 Layoffs Hit Second Gear as Truck Maker Sheds More Workers
As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
The Pantagraph
12d
Rivian announces another round of company-wide layoffs
A company spokesperson said the layoffs will not affect hourly manufacturing workers at the Normal facility, which employs ...
cbtnews
12d
Rivian announces second round of layoffs to boost profitability
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
12d
Rivian Automotive Inc. lays off more workers
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...
1d
Rivian Shows Silver Linings Before Earnings
Rivian has cash reserves of $9.4 billion at the end of 2023 while it produced 57,000 cars in 2023. Read why I'm bullish on ...
28m
on MSN
A Tesla supplier says Elon Musk's Supercharger layoffs were 'a sharp kick in the pants'
Tesla is reportedly gutting its EV charging team, laying off around 500 employees.The news sent shockwaves through the ...
Daily Mail
11d
Jeff Bezos-backed carmaker Rivian plans second round of layoffs this year - days after Elon Musk cut 14,000 Tesla employees
EV-maker
Rivian
is planning a second round of
layoffs
for the year amid a drop in demand for electric vehicles. The Jeff ...
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