Rivian Planning Layoffs That Could Target About 5% of Staff, Report Says

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

The cuts will come in areas where Rivian has grown too quickly, Bloomberg reported.

The hundreds of layoffs could be announced in the coming weeks, Bloomberg reported, citing people familiar with the matter.

But the layoffs are still in the planning stage and no final decisions have been made, the report said.Stay informed during the severe weather season with our local news and weather

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rivian planning hundreds of layoffs following surge in staffingThe company, which has more than 14,000 employees, could target an overall reduction of around 5%.
Source: ladailynews - 🏆 332. / 59 Read more »

Rivian To Start R1S Customer Deliveries In August Or September | CarscoopsRivian To Start R1S Customer Deliveries In August Or September | Carscoops carscoops
Source: Carscoop - 🏆 306. / 63 Read more »

Rivian planning hundreds of layoffs following surge in staffingThe company, which has more than 14,000 employees, could target an overall reduction of around 5%.
Source: ladailynews - 🏆 332. / 59 Read more »

Rivian To Start R1S Customer Deliveries In August Or September | CarscoopsRivian To Start R1S Customer Deliveries In August Or September | Carscoops carscoops
Source: Carscoop - 🏆 306. / 63 Read more »

Binance continued Iranian operations despite sanctions, Reuters saysThe report says the crypto exchange's employees knew and joked about the tranche of Iranian users. Where is cryptocoley ? What did they do with her Ohhhh! Not true-Iranians can not use Binance unfortunately 😐
Source: TheBlock__ - 🏆 464. / 53 Read more »

Shooter Targeted Shinzo Abe Over Grudge Against Religious Group, Police SayTetsuya Yamagami is said to have told investigators he initially planned to target a leader of the religious group before settling on Abe. Oh religions again, when are we going to learn? Once again…religion
Source: thedailybeast - 🏆 307. / 63 Read more »