Rivian Automotive Tells California Authorities More Job Cuts Are Imminent

5/20/2024 2:15:58 PM

(MENAFN- Investor Brand Network) Rivian Automotive Inc. (NASDAQ: RIVN)
has written to state officials in California letting them know that it is going to
let go more employees in the state . This revelation was contained in a letter set on April 24, 2024, to the state's department of employment development.

Scott Griffin, Rivian's VP of people, indicated that the company is slated to layoff in excess of 120 employees, with 89 affected individuals from its Irvine operations while 28 job losses will occur at its Palo Alto operations. The letter states that the job cuts will happen starting in June, and they will be...

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