Electric truck maker Rivian is conducting another round of layoffs, cutting over 600 jobs, which amounts to four percent of its headcount, as the company tries to reduce costs amidst a pullback in the EV industry. This is the EV company’s second round of layoffs in a month.
The Wall Street Journal reports that Rivian, the electric vehicle manufacturer known for its pickup trucks and SUVs, is laying off more than 600 employees, representing around four percent of its total workforce, according to people familiar with the matter. The company had just under 15,000 employees at the end of last year. This marks the second round of job cuts in a…
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