Rivian is cutting off another 6% of its workers

Rivian is cutting off another 6% of its workers

Rivian, an electric car manufacturer, is laying off another 6% of its workers. In July, the corporation decreased its workforce by the same percentage. According to Reuters, the carmaker employs over 14,000 workers and will lay off approximately 840 people this time.

Rivian says it is concentrating resources, as it did with the prior wave of layoffs, on boosting output and creating a successful firm.