Rivian reportedly plans to lay off around five percent of its workforce

Electric truck maker Rivian is reportedly planning to lay off hundreds of workers. While the company hasn't made a firm decision on mass job cuts, according to Bloomberg , it may shed around five percent of the workforce. With a headcount of more than 14,000, that equates to around 700 employees. Layoffs may be announced in the coming weeks, the report suggests. Rivian declined to comment to Engadget. The job cuts would primarily be for non-manufacturing positions in areas where Rivian has expan...