News Summary

Rivian, the electric vehicle startup, is laying off around 150 workers from its commercial operations team. This marks the second small workforce reduction for the company within a few months, as it prepares for the launch of its more affordable R2 SUV next year. The affected employees are primarily from the sales and service operations teams and have been encouraged to apply for other open positions within the company. These layoffs represent less than 1.5% of Rivian’s total workforce, continuing a pattern of workforce adjustments over the past two years.