NORMAL, Ill (WMBD) — Rivian is preparing for layoffs that will amount to about 4.5% of its workforce.
The announcement from EV Company CEO RJ Scaringe was sent to employees last week.
It said, “with the launch of R2 in front of us and the need to profitably scale our business, we have made the very difficult decision to make a number of structural adjustments to our teams.”
The Rivian Founder also said the changes were not made lightly, are not easy to hear and “the hard work of the departing team members is greatly appreciated.”
It’s unclear what facility, location or office might see the majority of the job cuts or exactly how many people are losing their jobs.
The changes, Scaringe said, are to ensure the company can streamline the customer journey and elevate the EV company’s marketing efforts.
The CEO concluded by saying the changes are to ensure the company can deliver on its potential for profitability.
“I am incredibly confident in R2 and the hard work of our teams to deliver and ramp this incredible product,” he said.
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