Electrical-truck maker Rivian is shedding one other 600 folks, or about 4.5% of its workforce, as the worldwide demand for electrical autos decreases, The Wall Road Journal reported. This follows a earlier spherical of layoffs in 2024.
Rivian is amongst a number of expertise and media firms which have seen layoffs in October, together with Meta, Paycom, Constitution, NBC Information, and The Wall Road Journal.
Sadly, October 2025 isn’t any outlier. From expertise firms to media conglomerates, the layoffs are a part of a development in each the U.S. and Europe as firms begin to slash employees and downsize.
Some are blaming synthetic intelligence (AI), although critics say it’s simply an excuse for firms to trim employees. The layoffs may be a method to hedge towards the present financial uncertainty triggered by inflation, tariffs, the skyrocketing value of residing, and now an ongoing federal authorities shutdown.
Under are a few of the tech and media firms which were shedding employees for the reason that starting of the month. Quick Firm has reached out to the entire firms listed under for remark.
Rivian
On Thursday, there was information that Rivian was shedding about 4.5% of its workforce, after a earlier smaller layoff affecting some 1.5% of the corporate final month. Rivian, like many EV producers, is anticipated to see EV gross sales decline within the wake of the Trump administration’s resolution to finish a hefty federal tax credit score for EV purchases. Rivian can be planning to launch a brand new automobile in 2026, in accordance with The Wall Road Journal.
Meta
On Wednesday, Meta—the proprietor of Fb, Instagram, Threads, Messenger, and WhatsApp—stated it’s shedding about 600 staff from Alexandr Wang’s new “superintelligence” analysis lab, after hiring the 25-year-old wunderkind and investing $14.3 billion in his firm, Scale AI, in June. Meta CEO Mark Zuckerberg says the social expertise firm plans to make investments between $60 billion and $65 billion in AI capital expenditures in 2025 alone.
Paycom
Earlier this month, Oklahoma Metropolis-based payroll and human sources software program firm Paycom laid off greater than 500 staff, citing “workforce restructuring as a result of efficiencies in superior automation and AI-driven applied sciences that can affect a restricted variety of back-office roles.”
Constitution
Cable and broadband large Constitution Communications stated on Wednesday that to be able to streamline operations, it was shedding some 1,200 staff, or simply over 1% of its 95,000-person workforce, largely in company administration and back-office roles. They’d not be in gross sales or service positions.
The corporate misplaced 117,000 web clients in Q2, and 60,000 in Q1, amid rising competitors from cell suppliers, per Reuters.
NBC Information
In the meantime, NBC Information is shedding about 7% of its employees, or 150 folks, in cuts that began rolling out final week, on October 15. The cuts come forward of a cut up and a rebrand from cable information community MSNBC, which can now be known as MS NOW (which stands for “My Supply for Information, Opinion, and the World”). The transfer is a component of a bigger spin-off from guardian firm Comcast, which additionally contains CNBC and USA Community.
The Wall Road Journal
Additionally this month, The Wall Road Journal laid off a dozen reporters and editors from its training, well being, and science information groups, citing structural adjustments. “I acknowledge that change may be unsettling,” editor-in-chief Emma Tucker stated in a employees memo. “I wish to thank them for his or her many contributions to the Journal, significantly Stefanie Ilgenfritz, [who] has spent greater than 35 years on the Journal and has helped form distinctive and consequential journalism, together with a sequence on Medicare fraud that received the Pulitzer Prize in 2015.”
