Rivian Trims Workforce by 600 in Latest Restructuring Move Amid R2 SUV Development
Rivian is implementing its third round of layoffs this year, cutting approximately 600 positions according to reports. The electric vehicle manufacturer is making these cuts while preparing for the pivotal launch of its mass-market R2 SUV model in 2026.
Workforce Reduction at Rivian
Electric vehicle manufacturer Rivian is reportedly cutting approximately 600 workers in its third workforce reduction of the year, according to sources familiar with the matter. The layoffs represent about 4% of the company’s total workforce and follow previous cuts made earlier this year.