The Chicago Entrepreneur

The Wall Street Journal: Rivian to lay off 6% of workforce in EV maker’s second round of job cuts

Rivian Automotive Inc. plans to initiate another round of layoffs, the latest in the electric-vehicle startup’s efforts to preserve cash as it confronts challenges scaling its business.

Previous post : Meta stock spikes despite earnings miss, as Facebook hits 2 billion users for first time and sales guidance quells fears
Next post Bond Report: Treasury yields slide after Fed delivers expected rate hike