Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Matias Civita

Rivian Cuts Hundreds of Jobs as EV Maker Pushes Ahead With R2 Launch

(Credit: Scott Olson/Getty Images)

Electric vehicle manufacturer Rivian is laying off hundreds of employees as the company intensifies its push toward profitability and ramps up production of its highly anticipated R2 sport utility vehicle, a model widely viewed as critical to the automaker's long-term future.

The California-based EV maker confirmed to the Wall Street Journal on Tuesday that it is eliminating less than 2% of its workforce as part of a restructuring effort designed to streamline operations and reduce costs. The company employed 15,232 workers at the end of 2025, meaning the cuts affected several hundred employees across North America and Europe.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.