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Rivian is laying off 10 percent of its salaried employees
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Old 22nd February 2024, 13:06   #1
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Default Rivian is laying off 10 percent of its salaried employees

Electric car maker Rivian announced on Wednesday that it’s laying off 10 percent of its salaried workforce to cut costs after facing a quarterly loss. The Amazon-backed company reported that it lost $1.5 billion in the fourth quarter of 2023 and said that it expects to build 57,000 electric vehicles in 2024, the same number it built last year.

https://www.engadget.com/rivian-is-l...8.html?src=rss
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