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Published 1 month ago

Rivian announces more layoffs

Summary by WMBD
NORMAL, Ill. (WMBD) -- Rivian announced more company-wide layoffs on Wednesday. According to Rivian's Corporate Communications Sr. Manager Kelli Felker, the layoffs will affect an additional 1% of Rivan's workforce. Felker said it was part of Rivian's continued work to resize itself to align with its business priorities. "This was a difficult decision, but a necessary one to support our goal to be gross margin positive by the end of the year," F…

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