Electric vehicle maker Rivian Automotive announced that it will lay off about 6% of its workforce amid a push to cut costs and reach profitability in a competitive EV market.
announced Wednesday that it's laying off 6% of its workforce as the electric vehicle maker looks to cut costs while ramping up production in an increasingly competitive EV market.
Electric-vehicle startup Rivian Automotive Inc. is laying off 6% of its workforce amid a cost-cutting push. Gov. Brian Kemp after announcing that Rivian Automotive will build a $5 billion battery and assembly plant east of Atlanta, Dec. 16, 2021.
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