Rivian Stock Plummets 15% After Layoffs Announced

by FUSeekMe69

2 comments
  1. More on this subject from other reputable sources:


    – Reuters (A): [Rivian cuts jobs, forecasts annual production below estimates](https://www.reuters.com/business/autos-transportation/rivian-forecasts-annual-production-well-below-estimates-2024-02-21/)
    – Financial Times (A-): [Electric-truck maker Rivian projects no production growth in 2024](https://www.ft.com/content/3692badb-bc35-4ecc-8481-2c4adf9864aa)
    – Handelsblatt (B): [E-Autohersteller: Tesla-Rivale Rivian streicht zehn Prozent der Stellen – Auch Lucid legt enttäuschende Prognose vor](https://www.handelsblatt.com/mobilitaet/elektromobilitaet/e-autohersteller-tesla-rivale-rivian-streicht-zehn-prozent-der-stellen-auch-lucid-legt-enttaeuschende-prognose-vor/100017157.html)
    – Bloomberg (B): [Rivian to Cut 10% of Salaried Staff, Citing Economic Uncertainty](https://www.bloomberg.com/news/articles/2024-02-21/rivian-to-cut-10-of-salaried-staff-citing-economic-uncertainty)


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