The company laid off around 1% of its total workforce, or around 140 employees. It's the third round of cuts since the start of 2024.
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The company previously laid off around 140 workers in its manufacturing division in June.
All-electric vehicle maker Rivian Automotive has announced it is laying off 4.5% of its workforce amid mounting market pressures,…
Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.
Rivian and other EV manufacturers are facing a more challenging market than they did in recent years amid changing regulations…
Dating app Bumble announced on Wednesday that it's laying off 30% of its workforce, impacting around 240 positions.
Some of the positions focus on AI-native development, data engineering and analytics, cloud-based engineering, and agent and…
