Rivian Layoffs 2024 Elections. The company let go 6 percent of its workforce both in july 2022 and may 2023. The layoffs announced wednesday will be rivian’s third round since july 2022, techcrunch reported.

Rivn) stock is rising today. Rivian automotive said it would lay off 10% of its salaried workforce and expects vehicle output to be flat this year, citing tougher market conditions for its electric trucks.