The company previously laid off around 140 workers in its manufacturing division in June.
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Biotech & Health
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…
The company said the cuts were part of a restructuring meant to help scale to profitability. Rivian recently pushed back its…
The company will likely sell fewer EVs this year than in both 2024 and 2023, making next year's launch of the R2 SUV even more…
Rivian laid off hundreds of workers — under 2% of staff — a week after R2 deliveries began, as it chases a profit it just pushed…
This deal would be meant to help Intel bulk up its U.S. chip manufacturing, including its much-delayed Ohio factory.
Companies canceled $5 billion worth of clean tech manufacturing projects in the U.S. in Q2, mirroring a pullback in the broader…
