Rivian lays off hundreds, under 2% of staff, a week after R2 launch

Rivian lays off hundreds of workers one week after launching R2 deliveries as it chases its first profit

Rivian laid off hundreds (under 2%) after R2 ($45–57k) launch while unprofitable (2025: $3.63B loss, Q1: $6k/unit). The R2 scale and Uber autonomy deal ($1.25B, 2028) face the profitability cliff that destroyed other EV makers—classic burn-rate trap.