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CNBC · GLOBAL ·

Rivian laying off hundreds of workers amid R2 launch

As reported by CNBC
Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce.
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Electric vehicle maker Rivian announced on Tuesday that it is laying off hundreds of workers, constituting less than 2% of its total workforce. This strategic move by the company comes amidst preparations for the highly anticipated launch of its new R2 model, indicating a…

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