Rivian is laying off 6 percent of its employees — again

A yellow Rivian R1S with a flat front tire Photo by Nilay Patel / The Verge

Another day, another company announces it’s laying off 6 percent of employees. Today, that company is Rivian, the EV automaker that had one of the biggest IPOs of 2021 but has since struggled to hit its targets as manufacturing and supply chain problems mount.

The layoffs also come amid a looming EV price war, in which Tesla and Read Entire Article

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