Rivian cuts less than 1.5% of workforce ahead of R2 SUV launch - WSJ

Published 04/09/2025, 19:42
© Reuters

Investing.com -- Rivian is laying off workers as part of cost-cutting measures before launching a more affordable sport utility vehicle next year.

The job cuts affect less than 1.5% of Rivian’s workforce, a company spokesperson said, according to the Wall Street Journal. The electric vehicle maker employed approximately 15,000 people at the end of last year.

"We have made some recent changes to the commercial team as part of an ongoing effort to improve operational efficiency for R2," a Rivian spokesperson said. The commercial team is responsible for the company’s sales and servicing operations.

The workforce reductions take effect Thursday for employees in the United States and Canada.

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