Electrical truck maker is reportedly planning to put off a whole bunch of staff. Whereas the corporate hasn’t made a agency resolution on mass job cuts, in line with , it might shed round 5 p.c of the workforce. With a headcount of greater than 14,000, that equates to round 700 workers. Layoffs could also be introduced within the coming weeks, the report suggests. Rivian declined to remark to Engadget.
The job cuts would primarily be for non-manufacturing positions in areas the place Rivian has expanded too rapidly. Groups with duplicate capabilities are stated to be amongst these the corporate has focused. The entire variety of workers at Rivian has roughly doubled over the past 12 months because the automaker elevated manufacturing.
The automotive trade has been hit laborious by provide chain points and the financial local weather, and it appears Rivian is not any exception. The corporate nonetheless expects to regardless of manufacturing difficulties. Rivian ultimately goals to fabricate 600,000 automobiles per 12 months between its present plant in Regular, Illinois and a that is anticipated to open in 2024.
The corporate has a backlog of tens of 1000’s of EV orders. It must juggle these with the it’s going to construct for Amazon by the tip of the last decade. As such, bolstering manufacturing whereas streamlining operations elsewhere appears a logical transfer.
The information follows noting that Rivian employed dozens of former Tesla workers in current months, in line with LinkedIn information. It was reported in late June that Tesla from its Autopilot group after CEO Elon Musk introduced plans to scale back the corporate’s salaried workforce by 10 p.c. Musk advised workers earlier that month he had a “tremendous dangerous feeling” concerning the state of the financial system and for them to anticipate layoffs.
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