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Rivian cutting 6% of workforce following Tesla, Ford price cuts

On February 1, CEO R.J. Scaringe sent an email to his people saying that Rivian Automotive is laying off 6% of its workforce in an effort to cut costs amid falling EV price cuts made recently by Tesla and Ford.
Irvine, California-based Rivian, which has about 14,000 employees, will lay off about 840 staff in a move t....

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