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EV maker Rivian to cut 4.5% of its workforce - UPI.com
All-electric vehicle maker Rivian Automotive has announced it is laying off 4.5% of its workforce amid mounting market pressures, the company said Thursday.
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cnbc.com
Rivian plans to lay off more than 600 workers
Rivian and other EV manufacturers are facing a more challenging market than they did in recent years amid changing regulations under the Trump administration.
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theverge.com
Rivian lays off 4 percent of its workforce.
More than 600 people are scheduled to lose their jobs, the Wall Street Journal report. The move comes a few weeks after the expiration of the $7,500 federal EV tax credit, which…
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upi.com
EV maker Rivian to cut 4.5% of its workforce - UPI.com
All-electric vehicle maker Rivian Automotive has announced it is laying off 4.5% of its workforce amid mounting market pressures, the company said Thursday.