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Rivian To Layoff 1%

Rivian, the company that specializes in electric SUVs and pickup trucks, has announced plans to lay off 1% of its workforce due to slower demand in electric vehicles as it aims to reduce costs. The company has also shut down its production line for an upgrade to increase efficiency and meet its end-of-year quota. In…

Rivian to Layoff 10%

Rivian Automotive Inc is an electric vehicle (EV) manufacturer that was founded in 2009. The company specializes in electric SUVs and pickup trucks, both of which are built on a self-contained automotive chassis platform. The company also produces electric delivery vans, with its headquarters in California. According to reports, Rivian has announced plans to lay…