As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round ...
Rivian (RIVN) is cutting more jobs as the EV maker aims to improve profitability. This is the second round of layoffs this ...
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
Most electric vehicle stocks retreated along with the broader market in the week that ended on April 19, with ...
Rivian Automotive, Inc. announced a new round of layoffs, and an additional one percent of its workforce is set to be ...
EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff ...
Rivian said the latest round of cuts affect about 1% of its workforce.
Chinese EV maker NIO is denying rumors of a second round of layoffs circulating on social media. The speculation ...
Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to seek bankruptcy protection ...
Continued sentiment that demand is weakening for electric vehicles weighed on the entire sector on Monday. Rivian shares fell ...
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...