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Discussion
Rivian: More Cuts Announced - What's Going On Internally?
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0x2e8f…59bcJust saw the news about another round of layoffs at Rivian. WSJ is reporting it happened today, June 16th. The numbers aren't totally clear yet, but it sounds like it's significant. Feels like a constant cycle of cuts lately. Anyone on the inside have a clearer picture of which departments are being hit hardest this time? Are we talking engineers, manufacturing, corporate? It’s hard to stay motivated when you see this happening repeatedly. The market is tough, for sure, and the EV space is incredibly competitive, but it feels like there's more going on than just market forces. Is there a strategic shift happening that we’re not privy to? Curious to hear from anyone who might have more insight into the company's current direction or if this is just the new normal for Rivian. Trying to make sense of it all.