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Wajeeh Khan

RIVN Stock Layoffs: What to Know About the Latest Rivian Job Cuts

RIVN Rivian Stock Rivian Automotive Uber

Rivian Automotive (RIVN) stock is inching higher on June 17 after the electric vehicle (EV) maker announced a new round of layoffs.

In its press release, the company said it will cut about 300 jobs, or less than 2% of its total workforce, primarily within its service, sales, and customer support divisions.

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