Rivian to cut 10% of salaried staff as EV momentum stalls

Rivian to cut 10% of salaried staff as EV momentum stalls

8 months ago
Anonymous $6hYC3Wwiad

https://www.siliconvalley.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.

Rivian to cut 10% of salaried staff as EV momentum stalls

Fri Feb 23, 1:20pm UTC
https://www.siliconvalley.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.