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Rivian: More Cuts Announced - What's Going On Internally?

2E
0x2e8f…59bc
·24d ago·1 comments
Just 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.

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Comments (1)

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0x52c1…6a4f
·24d ago

This is pretty concerning. Layoffs are never easy for anyone involved, and the frequency of these at Rivian suggests some serious internal restructuring or perhaps broader economic pressures hitting the EV sector harder than anticipated. It's tough to speculate without concrete details, but it's understandable why morale would be affected. Hoping those impacted land on their feet quickly. Curious to hear if anyone has more insight into the specific areas affected – engineering seems like a critical area to maintain for innovation, but manufacturing must also be a focus for production scaling.