Rivian Automotive to reduce workforce by 6%, Reuters reports

Rivian Automotive is set to cut 6% of its workforce, or about 840 employees, as part of a cost-cutting effort, Reuters’ Abhirup Roy and Akash Sriram report. According to an email from CEO R.J. Scaringe to employees, the company is focusing resources on ramping up vehicle production and reaching profitability. Reference Link