Rivian is laying off hundreds of workers just one week after it began deliveries of its hotly-anticipated R2 SUV, the company has confirmed to TechCrunch.
The company said the layoffs will affect less than 2% of its overall workforce, and that it was done to boost efficiency. It’s at least the fourth round of cuts Rivian has made since the beginning of 2024. The Wall Street Journal first reported the new round of cuts on Tuesday.
Originally reported by TechCrunch. Read the full story at the original source.
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