Rivian
AutomotiveUnited States1 layoff round tracked
1,000
Total Jobs Cut
February 2024
Most Recent
1,000
Largest Single Layoff
No
AI Cited
Layoff Timeline
February 2024
1,000 jobs cut(10% of workforce)
Reason: Lost $1.5B in Q4 2023; cost reduction ahead of R2 launch
About Automotive Layoffs
Other Automotive Layoffs
Sources
Engadget
Lost $1.5B in Q4 2023; cost reduction ahead of R2 launch
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