A report this morning detailed American EV automaker Rivian’s plans to lay off a portion of its current workforce as it tries to conserve cash while gearing up for the launch of its newest model, the R2, next year.
Rivian to lay off about 4% of staff to possibly lean down ahead of 2026 R2 launchRivian to lay off about 4% of staff to possibly lean down ahead of 2026 R2 launch