Rivian reportedly cutting 600 workers in third layoff of the year

Market Intelligence Analysis

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Why This Matters

Rivian is reportedly cutting 600 workers, approximately 4% of its workforce, in its third layoff of the year.

Market Impact

Negative, potential short-term market volatility as investors reassess Rivian's financial health and operational efficiency.

Sentiment
Bearish
AI Confidence
80%

Article Context

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The layoffs represent about 4% of Rivian's workforce. The company has made two other smaller cuts since June.

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Original article published by TechCrunch on October 23, 2025.
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