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Rivian plans to lay off more than 600 workers. Read the memo from CEO RJ Scaringe.
Business Insiderยท 2025-10-23 20:14
Rivian plans to cut more than 600 roles, according to an internal memo shared with the company on Thursday that was viewed by Business Insider. The electric vehicle maker's decision to lay off around 4.5% of its workforce of 15,000 comes as administrative changes loom over the EV industry.The reduction is one of several rounds of layoffs that Rivian has conducted over the past three years. Although EV sales in the US hit a record high in the third quarter of 2025, EV makers are facing the Trump Administra ...