Summary
Electric vehicle manufacturer Rivian laid off 200 workers on September 5, 2025, a move potentially influenced by the expiration of federal tax credits. This follows a trend of workforce adjustments in the EV sector.
Layoff Details
- Reason
- Ahead of Tax Credit Loss
Industry Context
The electric vehicle industry is facing various challenges, including changes in government incentives and market demand, which can lead to companies like Rivian adjusting their workforce.
Stock Performance Around Layoff
Sources (4)
Company Info
- Industry
- Auto Manufacturers
- Headquarters
- Irvine, CA, United States
- Total Employees
- 14,861
- Founded
- 2009
- Stock
- RIVN
- Market Cap
- $20.09B
Disclaimer
Data aggregated from public sources including WARN notices, SEC filings, press releases, and news reports. While we strive for accuracy, information is provided "as-is" for informational purposes only. Always verify critical information with official sources.
This information does not constitute investment, financial, legal, or career advice. See our Terms of Service, Privacy Policy, and About page for more information.
Found an error? Report it here.