The U.S. electric vehicle market is unstable, and automaker Rivian is laying off about 600 employees

AASTOCKS
2025.10.23 13:31

According to foreign media citing informed sources, the U.S. electric vehicle market is unstable, and Rivian (RIVN.US) will lay off about 600 employees.

The informed source stated that the layoffs will focus on commercial positions in the service and sales departments. As of the end of 2024, the company has approximately 15,000 employees, and the number of layoffs accounts for about 4% of the total workforce