Rivian lays off 1.5% workers as it prepares for cheaper R2 SUV

1 day ago 1

Consumer

Comments

Rivian (NASDAQ:RIVN) made its second small workforce reduction of the year, cutting around 150 employee, less than 1.5% of its total staff, as it prepares for the launch of its more affordable R2 SUV in 2026, the Wall

Recommended For You

More Trending News

Read Entire Article

Rivian lays off 1.5% workers as it prepares for cheaper R2 SUV

Recommended For You

More Trending News

Related

New Russia-China gas agreement could shake global energy mar...

99.1% of Air Canada flight attendants vote against wage offe...

OpenAI says spending to rise to $115 billion through 2029: I...

Trump’s closure of the de minimis tariff loophole sent posta...

RFK Jr. is a ‘threat to the health and wellbeing of every Am...

Mortgage rates plunge to 11-month low on Fed rate cut hopes,...

SA Roundtable: Should you add crypto to your 401(k)?

Fitch sees further P&C underwriting gains in H2, flags wildf...

‘Godfather of AI’ says the technology will create massive un...

OPEC+ is said to extend oil output hikes during Sunday’s mee...

Key deals this week: Ocular Therapeutix, CoreWeave, Air Leas...

Trending stocks this week as weak jobs data fuels Fed cut be...

Bulls vs. Bears: Can Apple stock regain momentum after Googl...

Trump administration launches immigration crackdown in Massa...

South Korea says US release of video showing workers’ arrest...

The Fed got it wrong and is late again, top economist says, ...

16 top AI-related stocks to own heading into year-end: Wedbu...

Real estate stocks trade sideways as economic sentiment soft...

Tesla investor presses board to finally address the elephant...

'Trump's legacy crumbles', Israelis call on U.S. President t...

Trending

Popular

Delhi on alert as Yamuna water level rises; Himachal battles...

ETH transactions hit year high, $2.7B BTC whale meltdown: Au...