Irvine-based Rivian's decision to cut 10% of its salaried workforce will impact hundreds of jobs in California, including 149 in the Bay Area, according to layoff notices filed with the state.
Electric vehicle maker Rivian will indefinitely pause plans for a $5 billion production facility, the company announced in a corporate event on Thursday, as the company looks to cut costs ...
Rivian announced layoffs. The company laid off 10% of salaried workers because of low EV demand and economic uncertainties. The company’s stock dropped 27.4% with 81 million shares traded in a ...
A new report citing a now-former Rivian employee paints the automaker in quite a dim light. The person claims that at times it felt like working in the Wild West and that losing their job during ...
This earnings season has been marked by lower production forecasts, missed revenues and layoffs. However, things are looking ...
When it comes to laying out the case for electric vehicle manufacturer Rivian Automotive (NASDAQ:RIVN), CFRA analyst Garrett Nelson probably said it best. “They’re announcing layoffs and ...
For years, Rivian has been promising to make a smaller, more affordable electric SUV that will sit alongside its pricier R1T and R1S vehicles, and that day is finally here. The company revealed ...
This story has been updated to correct the number of positions Ford Motor Co. is adding at the Michigan Assembly Plant in Wayne. Layoffs and other workforce reductions have marked auto industry ...
The Rivian R2 and Tesla Model Y electric SUVs are poised to go head-to-head, so here's how the EVs stack up against each ...
Firms have cited restructuring plans to justify layoffs, though more companies now point to AI as reason - Anadolu Ajansı ...
Irvine, California-based Rivian's decision to cut 10% of its salaried workforce will impact hundreds of jobs in California, including 191 in Southern California, according to layoff notices filed ...