The automaker currently has more than 14,000 employees.
Nothing is yet official however roughly 5% of the workforce might be laid off.
Rivian’s rise has been an incredible roller coaster ride. From obscurity to receiving near Tesla-like adulation, the small automaker has had to dramatically increase its workforce over the last year in order to support its operations. Now, it looks as though some employee pruning will be necessary.
The EV carmaker stumbled over part supply issues last year, as did all other automakers, as they prepared to officially launch production of the R1T truck. In preparation and to support the efforts, Rivian roughly doubled its workforce, according to Automotive News, and now it has little choice but trim down the headcount.
The exact number of layoffs is still being determined however a 5% cut to the current 14,000+ employees is the working figure. The report indicates that those who work in manufacturing roles are safe while those who are not, especially teams with duplicate functions, are not. Rivian has facilities in California, Michigan, and Illinois, as well as a presence in the UK and Canada.
An official announcement is expected in the coming weeks.