Rivian CEO confirms layoffs could be part of restructuring to stay ‘nimble’

Rivian will continue to hire in strategically important areas even as it restructures its business and possibly cuts some jobs, according to an internal email from CEO RJ Scaringe that was sent to employees following reports the EV automaker was planning to layoff about 5% of its workforce.
The email, viewed by TechCrunch, provides a broad outline of the company’s previously shared strategy for the next 18 months “in order to stay ahead of the changing economic landscape.” That strategy is focused on four key areas: ramping production of its R1T and R1S vehicles and electric

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