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

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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…



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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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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