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Tech Crunch – Rivian lays off 10% of workforce as EV pricing pressure mounts

Posted on February 21, 2024

Rivian is laying off 10% of its salaried workforce in a bid to cut costs in an increasingly tough market for electric vehicles, putting even more pressure on its future, more affordable EV called the R2. A limited number of non-manufacturing hourly employees will also be cut, founder and CEO RJ Scaringe said in a […]

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