EV startup Rivian lays off hundreds right after R2 SUV debut amid Tesla rivalry
- Posted on June 17, 2026
- By Financial Express
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- 1 min read
EV startup Rivian lays off hundreds right after R2 SUV debut amid Tesla rivalry
EV maker Rivian is laying off less than 2% of its workforce amid efforts to scale profitably. The cuts follow previous layoffs as Rivian launches its R2 SUV and faces a challenging US EV market.