Rivian lays off hundreds of workers after R2 deliveries begin
9 reported
Rivian is laying off hundreds of workers one week after starting deliveries of its R2 SUV, the company confirmed to TechCrunch. The layoffs affect less than 2% of the overall workforce and were described by the company as a move to boost efficiency. This is at least the fourth round of cuts since the beginning of 2024. The Wall Street Journal first reported the new round of cuts on Tuesday. Rivian stated that the cuts impact its service and customer teams, including sales and marketing. The company had been aiming for its first profit in 2027 but pushed that goal back in March due to spending on autonomous vehicle technology. The profitability delay was disclosed alongside news that Uber plans to invest up to $1.25 billion in Rivian and purchase up to 50,000 R2 SUVs for use as robotaxis, though Rivian currently only offers a hands-off, eyes-on-the-road feature.
What’s reported
Rivian is laying off hundreds of workers one week after starting R2 SUV deliveries.
The layoffs affect less than 2% of the overall workforce.
The company said the cuts were to boost efficiency.
This is at least the fourth round of cuts since the beginning of 2024.
The Wall Street Journal first reported the new round of cuts on Tuesday.
The cuts impact service and customer teams, including sales and marketing.
Rivian had aimed for its first profit in 2027 but pushed that goal back in March due to spending on autonomous vehicle technology.
Uber plans to invest up to $1.25 billion in Rivian and purchase up to 50,000 R2 SUVs for robotaxi use.
Rivian currently only offers a hands-off, eyes-on-the-road feature, not full autonomous capability.
Key figures
Rivian (company)
Uber (company)
The Wall Street Journal (news outlet)
Sources: TechCrunch
