Rivian to cut 10% of salaried staff as EV momentum stalls
https://www.eastbaytimes.com/2024/02/23/rivian-to-cut-10-of-salaried-staff-as-ev-momentum-stalls/
By Ed Ludlow and Aashna Shah | Bloomberg
Irvine-based Rivian Automotive shares fell in early trading after the electric-vehicle maker issued a disappointing production forecast and announced plans for another round of job cuts.