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Rivian lays off hundreds of workers in restructuring push after R2 SUV launch

By

Michele Luhn, Michael Wayland

21d ago· 2 min readenNews

Summary

Rivian is laying off hundreds of workers (less than 2% of its workforce) as part of a restructuring effort to narrow losses and profitably scale its business. The layoffs primarily affect service and customer teams, and come shortly after the company launched deliveries of its new R2 SUV.

Source

bskyRivian lays off hundreds of workers in restructuring push after R2 SUV launchcnbc.com

Key quotes

· 3 pulled
We recently restructured a handful of teams within Rivian as we work to profitably scale our business,
Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce, as the electric vehicle maker aims to narrow losses.
The layoffs affect some teams in the service and customer segments, according to a spokesperson.
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Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce.

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