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Rivian Automotive Inc. is cutting more than 600 jobs, or about 4.5% of its workforce, as the company contends with an unsteady market for electric vehicles in the US. In a memo seen by Bloomberg, Rivian Chief Executive Officer RJ Scaringe said the company is cutting the workforce as part of structural adjustments ahead of […]
Rivian Automotive Inc. is cutting more than 600 jobs, or about 4.5% of its workforce, as the company contends with an unsteady market for electric vehicles in the US.
In a memo seen by Bloomberg, Rivian Chief Executive Officer RJ Scaringe said the company is cutting the workforce as part of structural adjustments ahead of the launch of its new R2 model and amid the need to profitably scale.
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