Source: International Business Times
Scott Olson/Getty Images Electric vehicle manufacturer Rivian is laying off hundreds of employees as the company intensifies its push toward profitability and ramps up production of its highly anticipated R2 sport utility vehicle, a model widely viewed as critical to the automaker's long-term future. The California-based EV maker confirmed to the Wall Street Journal on Tuesday that it is eliminating less than 2% of its workforce as part of a restructuring effort designed to streamline operations and reduce costs. The company employed 15,232 workers at the end of 2025, meaning the cuts affected several hundred employees across North America and Europe.
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