
Rivian Cuts 4% of Workforce as Policy Changes Impact EV Industry
Rivian is reportedly cutting around 4% of its workforce, impacting more than 600 employees according to The Wall Street Journal. This comes just a month after the company trimmed about 1.5% of its staff in a similar effort to streamline operations and reduce costs ahead of next year’s launch of its more affordable SUV lineup. Like many electric vehicle manufacturers, Rivian is facing growing financial pressure as policy changes ripple through the industry. The current administration’s rollback of incentives that…




