Business

Rivian Workforce Cuts Amid R2 Launch

Updated 2026-06-16 17:40 UTC 1 source Negative

Automaker Rivian announced layoffs of hundreds of workers as it prepares for the launch of its new R2 model. The cuts represent less than 2% of the company's workforce.

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CNBC
Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce.
2026-06-16 17:20 UTC
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