Rivian makes its second small workforce cut of the year ahead of R2 SUV launch
Rivian, the electric vehicle startup, has made another round of workforce cuts, laying off an undisclosed number of employees. This is the second such move by the company this year, following the layoff of around 140 workers in its manufacturing division in June. The latest round of job cuts is said to be in preparation for the launch of Rivian's R2 SUV, a smaller and more affordable model compared to the company's existing R1T pickup and R1S SUV. Rivian has not provided details on the specific number of positions affected or the departments targeted. This decision comes as Rivian continues to navigate the challenges of the automotive industry, including supply chain disruptions and ongoing economic uncertainty. The company remains focused on ramping up production and expanding its product lineup to stay competitive in the growing EV market.
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