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Source: CNBC Business

Rivian Announces Hundreds of Layoffs Amid R2 Launch

Electric vehicle manufacturer Rivian announced on Tuesday that it is implementing workforce reductions affecting hundreds of employees. This move represents less than 2% of the company's total workforce. The layoffs come as the company prepares for the launch of its R2 model.

By Fainaron·Jun 16, 2026 (a few seconds ago)·1 views
Rivian Announces Hundreds of Layoffs Amid R2 Launch

Electric vehicle manufacturer Rivian announced on Tuesday its decision to reduce its workforce. The company stated that hundreds of employees would be affected by the layoffs.

These workforce reductions constitute less than 2% of Rivian's total employee base. The announcement comes amid the launch of the company's R2 model.

According to CNBC Business, these changes were confirmed by Rivian.

#rivian#layoffs#workforce reduction#automotive#electric vehicles#r2 launch
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by CNBC Business. Read the original at CNBC Business →

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