Rivian Layoffs: R2 Launch Strategy or Cost Cutting?

Rivian slashes 150 jobs in a second round of layoffs, impacting its commercial team, as the electric vehicle maker preps for its R2 SUV launch. This follows earlier cuts in June and larger workforce reductions this year, signaling a strategic shift to streamline operations and manage costs amid growing EV competition. Affected employees are encouraged to reapply for other roles within the company as Rivian focuses on its upcoming R2 release. Hosted on Acast. See acast.com/privacy for more information.