Rivian laying off 6% of its workforce as EV manufacturer aims to cut costs

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Rivian laying off 6% of its workforce as EV manufacturer aims to cut costs
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The layoffs include a small number of nonmanufacturing employees at its downstate Normal assembly plant.

Workers load a part as robotic equipment assembles R1T truck bodies in a marriage line on April 11, 2022, at the Rivian electric vehicle plant in Normal.

California-based Rivian has about 7,000 employees at its assembly plant and 14,000 across the company, meaning about 840 total positions are being eliminated. The company did not disclose the number of employees being laid off at the plant, but the restructuring “doesn’t impact manufacturing jobs in Normal,” Rivian CEO and founder R.J. Scaringe said in an email to employees.Employees are being notified and the layoffs are effective immediately, the company said.

The company is also building 100,000 electric delivery vans at the Normal plant for Amazon, an early Rivian investor. On Wednesday, Scaringe said ramping up production is job one at Rivian but cutting costs remains a high priority.

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