Tag Archives: Rivian

Volkswagen and Rivian agree to $5 billion partnership

Volkswagen and Rivian agree to $5 billion partnership VW will adopt Rivian’s zonal architecture and software, and Rivian will get some much-needed cash. anna washenko Updated Wed, Jun 26, 2024 Volkswagen and EV company Rivian have entered a new partnership, and the total price tag for the collaboration could reach an eye-popping $5 billion. … Continue reading Volkswagen and Rivian agree to $5 billion partnership →

Tech layoffs: Google and Rivian both cut jobs

Employee Layoffs

April 17, 2024 Tech layoffs: Google and Rivian both cut jobs Nearly 75,000 tech employees have lost their jobs so far this year. BY Chris Morris The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. … Continue reading Tech layoffs: Google and Rivian both cut jobs →

Rivian is laying off 10 percent of its salaried employees

Employee Layoffs

Rivian is laying off 10 percent of its salaried employees The move comes after the electric car maker lost $1.5 billion in the last quarter of 2023 Pranav Dixit Thu, Feb 22, 2024 ASSOCIATED PRESS Electric car maker Rivian announced on Wednesday that it’s laying off 10 percent of its salaried workforce to cut … Continue reading Rivian is laying off 10 percent of its salaried employees →

Mass layoffs hit the automotive industry as GM reportedly joins Ford and Rivian

Employee Layoffs

By Michael Grothaus March 01, 2023 Recent months have not been good for the tech and media industries, which have seen hundreds of thousands of jobs lost as companies look for ways to reduce costs among slowing sales and fears of an economic downturn. But Big Tech and media weren’t the only industries hit … Continue reading Mass layoffs hit the automotive industry as GM reportedly joins Ford and Rivian →