Rivian Layoffs 2024. Rivian’s stock price fell on the news. Amid continuing losses, rivian is laying off 10 percent of its salaried employees and a limited number of hourly folks in an attempt to reduce its expenses.
February 22, 2024 at 7:19 am pst. Despite doubling its ev deliveries in 2023, rivian reported a $5.4 billion loss.
Ev Makers Are Having A Bad Week.
It was almost a relief when it was over.
This Is The Third Round Of Layoffs For The Ev Company Since July 2022, When Rivian Cut 6% Of Its Workforce.
Electric truck maker rivian laying off 6% of its workforce.
On Wednesday, Rivian Announced It Would Be Cutting 10% Of Its Workforce.
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Previously, The Target Stood At $24.
In a bad week for ev makers, rivian automotive said it will lay off about 10% of its staff while lucid group.
Amid Continuing Losses, Rivian Is Laying Off 10 Percent Of Its Salaried Employees And A Limited Number Of Hourly Folks In An Attempt To Reduce Its Expenses.
