Jobs News Ford, Facing Economic Headwinds And Weak Ev Sales, To Cut 4,000 Jobs In Europe
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Rivian cuts 600 jobs, marking a second layoff amid weak EV market conditions
Rivian Automotive (RIVN.O), an electric vehicle manufacturer, is implementing another round of layoffs that will impact around 600 employees, or about 4% of its staff, in an effort to reduce expenses. Read More
The Looming EV Plateau: Why Ford and Tesla Face an Existential Threat from Shifting Market Dynamics and Chinese Competition
The electric vehicle market worldwide, which has been experiencing a rampant growth over the years, is currently facing a major crossroad, and analysts believe that there is an imminent plateau. This ... Read More
Rivian to cut over 600 jobs as EV demand flags after tax credits expire
Oct 23 (Reuters) - Rivian Automotive (RIVN.O), opens new tab is laying off 4.5% of its workforce, or over 600 employees, an internal email showed on Thursday, as the electric-vehicle maker contends ... Read More
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