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Rivian begins layoffs as its struggles create a $19 billion headache for Amazon and Ford

15 days ago   |   By Business Insider

The 2022 Rivian R1T. Tim Levin/Insider
Layoffs at EV startup Rivian began this week.
The company is cutting costs amid its production ramp-up and concerns about the economy.
Former employees are posting on LinkedIn about the cuts, which impacted non-manufacturing roles.
Layoffs at Rivian started in late July as the electric vehicle startup races to cut costs amid a challenging economic climate and pressure to increase production. Dozens of workers who say they are now-former employees have confirmed their departures on LinkedIn with the hashtag rivianlayoffs about the cuts. The Wall Street...
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