Rivian laying off employees?

[ERguy]

Did Rivian just layoff 750 employees?

Big layoffs in conjunction with the vehicle price increases/reservation cancellations could be a big warning for investors.

I'm hoping somebody else can confirm or dispell this claim about the layoffs.

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[astonius]

The reply mentions NDA… so did @rivianfan1 about a discussion with a hiring manager. Could be some truth to it that’s not public yet.

 

[Spiffster]

And the short attack of misinformation begins. Glad I sold a while ago.
This makes zero sense.

 

[kurtlikevonnegut]

"Don't believe everything you read on the internet"

-Abraham Lincoln

 

[buddha2lotus]

Something similar was posted in 2020 and 2021, not likely trustworthy.

 

[KeithPleas]

Was it their Communications Department?

 

[crashmtb]

Some guy called ape on the twitter says it is so, ergo it must be true.

 

[virgnia_rivian]

This thread should be closed unless someone has a verified news story.

 

[moosehead]

Either way, it should be confirmed or not next week publicly.

 

[Gshenderson]

Was it their Communications Department?

They have/had a Comms Department? ?‍

 

[huskybrewing]

Like most other companies, Rivian has tons of job listings on the website. Highly doubt they would be laying off a large number of employees right now.

 

[rivianfan1]

The reply mentions NDA… so did @rivianfan1 about a discussion with a hiring manager. Could be some truth to it that’s not public yet.

No idea about this lay off. Are we going to believe some random guy from internet?

 

[astonius]

No idea about this lay off. Are we going to believe some random guy from internet?

Sorry, didn't mean to imply I believed it, just noted the NDA correlation

 

[astonius]

Like most other companies, Rivian has tons of job listings on the website. Highly doubt they would be laying off a large number of employees right now.

Lots of companies have open positions during layoffs. It's more about restructuring than downsizing.

 

[sevengroove]

Lots of companies have open positions during layoffs. It's more about restructuring than downsizing.

Honestly I would support a restructuring. Clearly they are not making optimal decisions, and are doing a terrible job communicating them. No comment on the manufacturing side though, I don’t know enough.

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