Last week electric vehicle (EV) startup Lucid Motors said it was laying off about 18% of its workforce, affecting executives and employees at all levels. Those layoffs have now started, and affected employees are taking […]
While Rivian has been able to ramp production through 2022 after a slow start, the fledgling automaker is still losing money hand over fist. In an effort to help reduce costs and keep it competitive, […]
All is not well with the British electric vehicle (EV) startup, Arrival. The company has announced it could layoff nearly one-third of its staff. Arrival is restructuring its operations, and up to 30 percent of […]
Rivian CEO RJ Scaringe will hold a meeting with employees on Friday to discuss the upcoming layoffs and restructuring within the company. Scaringe will also talk about how the some programs within the company will be […]
