Rivian announces more layoffs

Rivian announces more layoffs

NORMAL, Ill. (WMBD) -- Rivian announced more company-wide layoffs on Wednesday. According to Rivian's Corporate Communications Sr. Manager Kelli Felker, the layoffs will affect an additional 1% of Rivan's workforce. Felker said it was part of Rivian's continued work to resize itself to align with its business priorities. "This was a difficult decision, but a necessary one to support our goal to be gross margin positive by the end of the year," F…

Rivian lays off more workers

Rivian has faced many of the same struggles that electric-car manufacturers worldwide have, including stagnant demand. Spencer Platt / Getty ImagesRivian is undergoing another round of layoffs.Its the company's fourth wave of job cuts in recent years.Over a dozen employees have begun posting about the layoffs on LinkedIn.Rivian is going through another round of layoffs.Over a dozen workers began posting on LinkedIn about cuts at the company on W…