Cost-cutting layoffs have had little effect on Rivian's bottom line, as the troubled electric car maker has limped from ...
Even after announcing another round of job cuts, Rivian Automotive (NASDAQ:RIVN) stock is rising today. In February 2024, the ...
Irvine-based Rivian Automotive will cut an another 1% of its workforce, the second round of layoffs this year as the electric ...
Stock Market News, Stock Advice & Trading Tips Tesla‘s (NASDAQ:TSLA) announcement of cutting 10% of its global ...
On April 17, the company said that it would lay off 1% of its workforce, taking another step on a long road to chipping away ...
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of ...
One’s burning cash, one’s moving out, and another’s laying off. Four high-profile EV makers are having a rough quarter.
Electric vehicle maker Rivian said Tuesday it is making progress in its efforts to rein in costs and shore up its manufacturing capabilities — both critical components to determining when the company ...
Tesla laid off multiple teams in the latest cuts made after announcing a 10% reduction in employees earlier this month.
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 ...
The number of employees affected was at the time unknown. Is reducing its total workforce by 1%. It’s the second round of ...