Are Rivian's Job Cuts a Red Flag?

Oftentimes, when a young company such as Rivian Automotive (RIVN -2.25%) slashes jobs, it's not a good thing. That makes it understandable for some investors to glance at headlines and assume Rivian is in worse shape than we all thought.But let's slow down, bring in some of the numbers, and explain what's going on. Investors will feel much better in the end.What's going onA couple of weeks ago, Rivian laid off around 140 employees, or about 1% of its total workforce, according to TechCrunch. "We have made t ...