
"Rivian is laying off around 150 workers - its second small staff cut in a matter of months - as the company readies itself for the all-important launch of its more-affordable R2 SUV next year. The company confirmed to TechCrunch that the new cuts were mostly to its "commercial" team, which deals with sales and service operations, and that affected employees will be eligible for rehire and encouraged to apply for other open positions."
"The layoffs follow a similar cut of around one percent of its total workforce that TechCrunch first reported in late June. Those cuts targeted Rivian's manufacturing team. Rivian has made repeated workforce adjustments over the last two years. It laid off around 10% of its staff in early 2024 and made another small cut in April 2024. The company started this year with approximately 15,000 employees worldwide."
Rivian is laying off around 150 workers, primarily from its commercial team that handles sales and service operations, as it prepares for the R2 SUV launch next year. Affected employees will be eligible for rehire and are being encouraged to apply for other open positions. The cuts follow a similar reduction of about one percent of the workforce in late June that targeted manufacturing. Rivian implemented larger and smaller workforce adjustments over the past two years, including roughly 10% of staff laid off in early 2024 and another small cut in April 2024. The company began the year with approximately 15,000 employees worldwide.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]