Rivian to Reduce Workforce by 6%

  • Rivian, the electric vehicle automaker that had one of the largest IPOs of 2021, is reducing its workforce by 6%.
  • This is the second time in less than a year that Rivian has made this reduction.
  • The news was shared to employees in a memo by founder and CEO RJ Scaringe.
  • Reuters was the first to report the news.

[Via]

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