Irvine-based Rivian Automotive will cut an another 1% of its workforce, the second round of layoffs this year as the electric ...
SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round ...
As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability.
Rivian has continued lower as various headwinds have built. Here's why investors may want to be careful when considering RIVN ...
Tesla laid off multiple teams in the latest cuts made after announcing a 10% reduction in employees earlier this month.
EV-maker Rivian is planning a second round of layoffs for the year amid a drop in demand for electric vehicles. The Jeff ...
Rivian has cash reserves of $9.4 billion at the end of 2023 while it produced 57,000 cars in 2023. Read why I'm bullish on ...
Stock Market News, Stock Advice & Trading Tips Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global ...
Elon Musk's recent move to downsize Tesla's Supercharger team comes at a particularly inopportune moment. The reduction in ...
SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round of job cuts this year - as it reduces cost amid a broader slowdown in ...