Are Rivian's Job Cuts a Red Flag?

Group 1 - Rivian Automotive recently laid off around 140 employees, which is about 1% of its total workforce, as part of an effort to improve operational efficiency for its upcoming R2 model [2][3] - The company started the year with over 14,800 workers in North America and Europe, indicating that the job cuts are relatively small and may not signal severe issues [3] - Rivian's second-quarter delivery results declined by 23% compared to the prior year, with a total of 19,301 vehicles delivered in the first half of 2025, down 30% year-over-year [6][7] Group 2 - Rivian confirmed its delivery guidance for 2025, expecting to deliver between 40,000 and 46,000 vehicles, which requires a significant boost in deliveries in the second half of the year [6][7] - The R2 model is crucial for Rivian's future, as it aims to attract a more price-conscious consumer and expand globally, with production starting in Illinois in the first half of 2026 and potential European deliveries in 2027 [11] - The success of the R2 is vital for Rivian to reach profitability, and the company is focused on reducing costs in vehicle production [12]