Rivian makes its second small workforce cut of the year ahead of R2 SUV launch


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 Wall Street Journal first reported the layoffs earlier Thursday.

The layoffs follow a similar cut of around 1% 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.



Source link

Latest

Mistral bets on ‘build-your-own AI’ as it takes on OpenAI, Anthropic in the enterprise

Most enterprise AI projects fail not because companies...

IO Interactive splits with MindsEye developer and ends Hitman collab

MindsEye developer Build a Rocket Boy (BARB) has...

Pixel Weather tweaks widget, new icons come to Google Clock 8.6

Google has made a pair of weather tweaks...

Newsletter

Don't miss

Mistral bets on ‘build-your-own AI’ as it takes on OpenAI, Anthropic in the enterprise

Most enterprise AI projects fail not because companies...

IO Interactive splits with MindsEye developer and ends Hitman collab

MindsEye developer Build a Rocket Boy (BARB) has...

Pixel Weather tweaks widget, new icons come to Google Clock 8.6

Google has made a pair of weather tweaks...

Subnautica 2 might finally be entering early access in May

Subnautica 2 has weathered the storm and has...

Mistral bets on ‘build-your-own AI’ as it takes on OpenAI, Anthropic in the enterprise

Most enterprise AI projects fail not because companies lack the technology, but because the models they’re using don’t understand their business. The models...

IO Interactive splits with MindsEye developer and ends Hitman collab

MindsEye developer Build a Rocket Boy (BARB) has gone through serious drama recently including layoffs and accusations of sabotage. Now, the company is...

Pixel Weather tweaks widget, new icons come to Google Clock 8.6

Google has made a pair of weather tweaks to Pixel Weather and the Clock app (version 8.6). Besides the new icon set and background...

LEAVE A REPLY

Please enter your comment!
Please enter your name here