It has not announced mass layoffs in America. Ford and GM’s announcement followed the news on February 1 of electric vehicle maker Rivian Automotive laying off 6% of its workforce. Analysts told ...

Rivian has said one of its strengths is its cash position. That begs the question of why it has to cut costs. In the most ...

perhaps with players that grabbed less investor attention than Rivian. Arrival, a UK-based commercial EV startup, has gone through multiple restructurings resulting in layoffs. The company ...

Rivian's electric delivery van might not be Amazon-exclusive for much longer. The Wall Street Journalsources claim Rivian is ...

Rivian Automotive Inc. RIVN, +1.60% plans to initiate another round of layoffs, the latest in the electric-vehicle startup’s efforts to preserve cash as it confronts challenges scaling its business.

Amazon.com Inc. and Rivian Automotive are revisiting their exclusive electric van deal as the electric truck maker seeks to ...

Amazon.com Inc said on Monday it would cut 9,000 jobs in its cloud services, advertising and Twitch units in a fresh round of layoffs, as U.S. firms rein in costs in anticipation of a global economic ...

This latest round of layoffs will be aimed at cutting operational ... Just like many other EV startups, Rivian is grappling with production ramp-up and declining cash reserves.

Electric-vehicle (EV) startup Arrival on Monday got a $300 million equity financing line from Westwood Capital and said it seeks to slow its cash-burn rate, as the British firm looks to start U.S.

Interest rate hikes by global central banks to tame stubborn inflation have weighed on consumer and corporate spending, ...