Workflow
Rivian to lay off 10% of salaried staff

Rivian announced that it's cutting 10% of its salaried workforce as it contends with "economic and geopolitical pressures."  The electric automaker said that economic pressures, most notably the historically high interest rates, will result in flat vehicle output for the year. The company expects to produce the same number, about 57,000 vehicles, in 2024 as it did the year before, the company said Wednesday in a regulatory filing.    MARK ZUCKERBERG WEIGHS IN ON WHY TECH COMPANIES ARE LAYING OFF WORKERSRivi ...