Rivian Cuts Almost 500 Jobs In California To Save Cash | Carscoops carscoops
is planning to cut some six percent of its workforce and today, we’re learning about what those cuts mean for workers in California. Almost 500 jobs are going away in the Golden State as Rivian works to cut costs and conserve cash amid an EV price war.Now we know that 479 of those roles are in Southern California. “We must focus our resources on ramp and our path to profitability,” CEO RJ Scaringe said in an email to employees.
Four company locations in Irvine will lose a total of 204 jobs among them while three separate locations in Palo Alto will see the loss of another 240. A further 35 job cuts are happening between sites in Tustin and Costa Mesa. says that VP of people operations, Karen Prince, sent a letter to California employment officials saying that “This mass layoff is expected to be permanent.”
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