EV truck maker Rivian is laying off hundreds amid a slowdown in demand

Rivian, the Irvine-based manufacturer of electric trucks and SUVs, is preparing to lay off roughly 600 employees in an effort ...

Rivian CEO says the company tore down a highly popular Chinese EV. Here's what he thought.

Rivian CEO RJ Scaringe told BI that the company tore down China's highly popular Xiaomi SU7 and found that it was a "really ...

Rivian Is Getting Bigger But Its Service Workforce Is Getting Smaller

Hundreds of workers are losing their jobs as sales targets slip and executives consolidate control amid tightening economic ...

EV automaker Rivian laying off 4.5% of workforce ahead of R2 launch in Normal

Rivian, which builds all of its electric pickups, SUVs and commercial vehicles in downstate Illinois, gave notice Thursday to more than 600 employees.

Rivian settles shareholder lawsuit for $250 million, denies allegations

Electric vehicle startup Rivian announced on Thursday that it has settled a lawsuit with some of its investors. The company ...
Electrek

Rivian to lay off about 4% of staff to possibly lean down ahead of 2026 R2 launch [Update]

A report this morning detailed Rivian's plans to lay off a portion of its current workforce as it tries to conserve cash.

Rivian Reaches $250 Million Settlement in Shareholder Suit Over IPO Pricing Claims

Rivian agrees to a $250M settlement over alleged IPO price misrepresentation as it focuses on launching the R2 SUV.
Daily Jang

Rivian plans major layoffs amid falling EV demand, market pressure

Electric vehicle maker Rivian plans major layoffs amid growing market pressure.As per multiple reports, the company is ...
Blockonomi

Rivian (RIVN) Stock: Company Cuts Jobs and Settles $250 Million Lawsuit as EV Market Weakens

Rivian cut 4.5% of its workforce and settled a $250 million securities lawsuit as EV sales fall short of projections.