Rivian (RIVN) cuts jobs in manufacturing team - TechCrunch

Investing.com -- Rivian has laid off approximately 140 employees from its manufacturing team as the electric vehicle maker prepares for the launch of its more affordable R2 SUV in 2026.

The job cuts represent about 1% of Rivian's total workforce. According to TechCrunch, citing multiple former employees who spoke anonymously, the layoffs began Wednesday and primarily affected the manufacturing division.

Some employees were informed that the company was eliminating positions that created "process inefficiencies." A Rivian spokesperson confirmed the reductions in an email to TechCrunch, stating: "We have made the difficult decision to reduce a small number of our salaried manufacturing employees as part of an ongoing effort to improve operational efficiency for R2."

The company said it is encouraging affected employees to apply for other open positions within Rivian.

The R2 SUV represents Rivian's push into a more affordable vehicle segment. The company is streamlining its manufacturing operations ahead of the planned 2026 launch of this new model.

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