ReferIndia News EV startup Rivian lays off hundreds right after R2 SUV debut amid Tesla rivalry

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EV startup Rivian lays off hundreds right after R2 SUV debut amid Tesla rivalry

Published on: June 17, 2026, 8:10 a.m. | Source: The Financial Express

EV maker Rivian is laying off less than 2% of its workforce amid efforts to scale profitably. The cuts follow previous layoffs as Rivian launches its R2 SUV and faces a challenging US EV market.

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