Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»EV-maker Rivian cuts hundreds of jobs after launching new SUV
Business

EV-maker Rivian cuts hundreds of jobs after launching new SUV

Buddy DoyleBy Buddy DoyleJune 16, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
EV-maker Rivian cuts hundreds of jobs after launching new SUV
Share
Facebook Twitter LinkedIn Pinterest Email

Elective vehicle-maker Rivian is laying off hundreds of workers in its service and customer organization.

A company spokesperson told FOX Business that the job cuts represent less than 2% of Rivian’s workforce, which totaled about 15,200 employees at the end of 2025. Workers affected by the layoffs may apply for other open roles at the company.

“We recently restructured a handful of teams within Rivian as we work to profitably scale our business,” the spokesperson said.

AUTOMAKER GEARS UP FOR SELF-DRIVING FUTURE WITH NEW CHIP

The job cuts took effect on Tuesday and affected Rivian’s service and customer division, which is responsible for sales and marketing duties, as the company looks to restructure its teams to grow efficiently while rolling out a new model.

The Wall Street Journal first reported the layoffs.

Rivian recently conducted multiple rounds of layoffs in the last year while it prepared for the launch of the R2 SUV, which factors heavily into the EV-maker’s roadmap for future products.

RIVIAN CEO DISCUSSES TARIFFS, SAYS EV MAKER HAS ‘VERY US-CENTRIC SUPPLY CHAIN’

Ticker Security Last Change Change %
RIVN RIVIAN AUTOMOTIVE INC. 15.93 -0.75 -4.50%

It cut over 600 jobs, or 4.5% of its workforce, in October amid softer demand for its vehicles following the expiration of EV tax credits in October.

The R2 officially debuted last week with a variant that had a larger number of optional add-ons for a starting price around $58,000 – while the automaker is planning to release more affordable versions in the future.

RIVIAN TO LAY OFF 10% OF SALARIED STAFF

Rivian facility

The company is hoping that the lower-cost model will broaden demand and strengthen its sales outlook as it strives for profitability.

Rivian has said that it no longer expects to meet its 2027 adjusted core profit target as it ramps up spending on research and development to accelerate its autonomous driving roadmap.

Reuters contributed to this report.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleEXCLUSIVE: Trump-backed challenger gains labor union support in key race for House control
Next Article Top 6 Super-Quiet Guns For SHTF Every Prepper Should Own!

Related Articles

Could the Vanguard S&P 500 ETF be your ticket to becoming a stock market millionaire?

Could the Vanguard S&P 500 ETF be your ticket to becoming a stock market millionaire?

June 16, 2026
Johnson & Johnson CEO credits Trump tax policy for B US investment push, including B in Florida

Johnson & Johnson CEO credits Trump tax policy for $55B US investment push, including $1B in Florida

June 16, 2026
Musk’s SpaceX surges past Amazon in market cap after historic IPO debut

Musk’s SpaceX surges past Amazon in market cap after historic IPO debut

June 16, 2026
Noem warns of ‘coordinated’ effort to funnel Chinese nationals into US

Noem warns of ‘coordinated’ effort to funnel Chinese nationals into US

June 16, 2026
Yum Brands sells Pizza Hut for .7 billion, sharpens focus on Taco Bell and KFC

Yum Brands sells Pizza Hut for $2.7 billion, sharpens focus on Taco Bell and KFC

June 16, 2026
Kevin Warsh’s first Fed press conference looms as inflation surge makes rate cuts increasingly unlikely

Kevin Warsh’s first Fed press conference looms as inflation surge makes rate cuts increasingly unlikely

June 16, 2026
500k packages of macaroni and cheese sold at Aldi recalled over undeclared soy lecithin

500k packages of macaroni and cheese sold at Aldi recalled over undeclared soy lecithin

June 16, 2026
Oil prices plunge to lowest levels since early March after Trump signs Iran deal

Oil prices plunge to lowest levels since early March after Trump signs Iran deal

June 15, 2026
LARRY KUDLOW: Because We Never Trust Iran, That’s All the More Reason To Verify, Verify, Verify

LARRY KUDLOW: Because We Never Trust Iran, That’s All the More Reason To Verify, Verify, Verify

June 15, 2026
Don't Miss
Top 6 Super-Quiet Guns For SHTF Every Prepper Should Own!

Top 6 Super-Quiet Guns For SHTF Every Prepper Should Own!

EV-maker Rivian cuts hundreds of jobs after launching new SUV

EV-maker Rivian cuts hundreds of jobs after launching new SUV

EXCLUSIVE: Trump-backed challenger gains labor union support in key race for House control

EXCLUSIVE: Trump-backed challenger gains labor union support in key race for House control

Who is the German tourist whose World Cup road trip through the American South is winning over the internet

Who is the German tourist whose World Cup road trip through the American South is winning over the internet

Latest News
Dozens Of New Ebola Deaths Reported In DR Congo

Dozens Of New Ebola Deaths Reported In DR Congo

June 16, 2026
15 Antifa radicals indicted, 12 arrested in sweeping federal probe into Minneapolis anti-ICE operations

15 Antifa radicals indicted, 12 arrested in sweeping federal probe into Minneapolis anti-ICE operations

June 16, 2026
Republicans bat down bid to handcuff Trump’s war powers as peace deal nears

Republicans bat down bid to handcuff Trump’s war powers as peace deal nears

June 16, 2026
Do they need to CHILL? – TGC News!

Do they need to CHILL? – TGC News!

June 16, 2026
The ULTIMATE  Pre-Made Survival Kit You MUST OWN On Amazon!

The ULTIMATE $25 Pre-Made Survival Kit You MUST OWN On Amazon!

June 16, 2026
Copyright © 2026. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.