Rivian
VERIFIED 86% Confidence

Rivian | Layoff Event

September 5, 2025 • 119 days ago
200 affected

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)

1
EV truck maker Rivian is laying off hundreds amid a slowdown in demand
Los Angeles Times • October 23, 2025 90% credible
2
Rivian lays off hundreds of employees ahead of the end of EV tax credits
Los Angeles Times • September 8, 2025 90% credible
3
Rivian lays off 1.5% workers as it prepares for cheaper R2 SUV - report
Seeking Alpha • September 5, 2025 90% credible
4
Rivian Lays Off Workers Ahead Of R2 SUV Launch: Report
Benzinga • September 4, 2025 85% credible

Related Articles

September 2025 Layoffs Report: 54,000 Job Cuts as YTD Nears 950,000, Hiring Hits 16-Year Low

U.S. employers announced 54,064 layoffs in September 2025, down 37% from August. YTD: 946,426 (highest since 2020). But planned hiring fell to 204,939 YTD (lowest since 2009). AI cuts: 7,000 in Sep…

October 2, 2025 • 11 min read •
September 2025layoffs

Recent Rivian News

Why Rivian (RIVN) Stock Is Falling Today - Yahoo Finance
Yahoo Finance • Dec 30
How Much Can Rivian Stock Fall? - Forbes
Forbes • Dec 31
Here's Why Rivian Stock Is a Buy Before Jan. 1, 2026 - The Motley Fool
The Motley Fool • Dec 27
Tesla Bull Calls 2026 An 'Inflection Year' For Rivian With The Stock At Its Highest Since 2023 - Investor's Business Daily
Investor's Business Daily • Dec 19

Stock Price

$13.65
RIVN
↑ 0.89% day

Company Info

Industry
Auto Manufacturers
Sector
Consumer Cyclical
Headquarters
Irvine, CA, United States
Founded
2009
CEO
Mr. Robert Joseph Scaringe Ph.D.
Employees
14,861
View Company Profile

Event Snapshot

Employees Affected 200
Verification VERIFIED
No other canonical layoff events recorded for this company.

Financials

Market Cap $25.34B

SEC Filings

View All →
8-K 8-K
Dec 19
8-K 8-K
Nov 7
10-Q 10-Q
Nov 4
8-K 8-K
Nov 4

Disclaimer

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