Rivian trims its workforce as the EV maker pursues profitable growth

Source: Business Insider

Rivian confirmed to Business Insider that it's cutting some sales and marketing staff as it aims for profitability. Scott Olson/Getty ImagesRivian confirmed that it laid off less than 2% of its workforce on Tuesday. The carmaker faces a crucial year as it launches the R2 midsize SUV, its most important product.