Rivian has laid off round 140 workers, or roughly 1% of its workforce, because it prepares for the launch of its extra reasonably priced R2 SUV in 2026, TechCrunch has realized.
The cuts had been principally made to Rivian’s manufacturing workforce and have been ongoing since Wednesday, in line with a number of former workers who had been granted anonymity to discuss the layoffs. Some workers had been informed that the corporate was eliminating roles that created “course of inefficiencies.”
Rivian confirmed the cuts in an e-mail to TechCrunch. “We’ve got made the tough choice to cut back a small variety of our salaried manufacturing workers as a part of an ongoing effort to enhance operational effectivity for R2,” a spokesperson wrote. The corporate stated affected workers are being inspired to use to different open positions inside the corporate.
Rivian started the yr with greater than 14,800 employees in North America and Europe, in line with its annual submitting with the Securities and Alternate Fee. The corporate has made a number of cuts over the previous couple of years, together with a ten% discount in early 2024, and one other layoff of round 1% of employees in April 2024.
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