Industry experts say price cuts by industry leader Tesla Inc and the availability of cheaper EV models from traditional ...

perhaps with players that grabbed less investor attention than Rivian. Arrival, a UK-based commercial EV startup, has gone through multiple restructurings resulting in layoffs. The company ...

First reported by Reuters on Wednesday, Rivian is laying off 6% of its workforce, which is approximately 840 jobs. It’s the California-based EV startup’s second round of layoffs since July.

Rivian Automotive Inc. RIVN, +1.60% plans to initiate another round of layoffs, the latest in the electric-vehicle startup’s efforts to preserve cash as it confronts challenges scaling its business.

According to the report, Lucid CEO Peter Rawlinson announced the layoffs, saying that the company ... other brands that are ...

The news surfaced in the form of a letter penned by Lucid CEO Peter Rawlinson, who reportedly said that the company's workers ...

Lucid is among a number of tech companies, including Amazon, Microsoft and Meta, that have announced layoffs amid economic ...

Lucid, which had about 7,200 employees at the end of last year, will communicate details of the layoffs in the next three ...

Two rounds of layoffs and an 80% stock slump have Rivian's CEO promising focus. Customers just want their cars.

Electric-vehicle maker Lucid Group Inc is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing ...