Rivian Automotive (RIVN.O) will brief representatives on Friday on expected cutbacks and plans to suspend a few projects as a component of a more extensive rebuilding, Chief Executive R.J. Scaringe ...
Rivian, like other EV makers, has benefited from subsidies in the form of federal tax credits to encourage consumers to ...
The timeline, announced earlier this year, turned doubtful when Tesla laid off 500 employees from its supercharging team in ...
The month of May 2024 has witnessed a wave of job cuts across the tech industry. From tech giant Google to Toshiba, a host of ...
The electric vehicle maker Rivian’s strategic shift aims to expand market reach and improve financial stability. While the valuation improves, it's not yet a bargain Rivian aims to reach a wider ...
Below you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2024, to be updated regularly.
From layoffs at Tesla, Rivian and others to big price cuts on the Ford F-150 Lightning and Mustang Mach-E, Hertz selling off ...
Elon Musk's Tesla is not the only electric vehicle company laying off workers en masse; one of its rivals, Lucid, announced ...
A month after a Bloomberg report claimed that Kerbal Space Program 2 developer Intercept Games would be closed at the end of June, multiple employees have confirmed that numerous workers, and ...
Lucid Group said on Friday it would reduce its workforce by 6%, or around 400 employees, as the electric vehicle industry ...
Turmoil at Tesla has decimated the Supercharger team. Despite this, GM says its EVs will still get access to the ...