Rivian is shedding round 150 employees — its second small employees lower in a matter of months — as the corporate readies itself for the all-important launch of its more-affordable R2 SUV subsequent yr.
The corporate confirmed to TechCrunch that the brand new cuts had been principally to its “business” staff, which offers with gross sales and repair operations, and that affected workers shall be eligible for rehire and inspired to use for different open positions. The Wall Road Journal first reported the layoffs earlier Thursday.
The layoffs observe the same lower of round 1% of its complete workforce that TechCrunch first reported in late June. These cuts focused Rivian’s manufacturing staff.
Rivian has made repeated workforce changes over the past two years. It laid off round 10% of its employees in early 2024 and made one other small lower in April 2024. The corporate began this yr with roughly 15,000 workers worldwide.