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EV startup Rivian lays off hundreds right after R2 SUV debut amid Tesla rivalry

  • Posted on June 17, 2026
  • By Financial Express
  • 1 Views
  • 1 min read
EV startup Rivian lays off hundreds right after R2 SUV debut amid Tesla rivalry
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.
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Financial Express

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