Rivian is slashing 10% of staff. Read the email it sent to its workers.
Rivian Automotive(US:RIVN) Business Insider·2024-02-22 06:34Electric carmaker Rivian plans to cut 10% of its salaried workforce.Despite doubling its EV deliveries in 2023, Rivian reported a $5.4 billion profit loss for the year.Rivian's 2024 production falls short of analysts' expectations. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign ...