Key Metrics
10.14
Heat Index-
Impact LevelMedium
-
Scope LevelNational
-
Last Update2025-09-06
Key Impacts
Positive Impacts (6)
Rivian Automotive Inc. (RIVN)
Lithium
Nickel
Automotive Parts & Systems Suppliers
Automotive Semiconductor Makers (e.g., ON Semiconductor, Infineon)
EV Charging Infrastructure Companies (ChargePoint, EVgo, Blink)
Total impacts: 8 |
Positive: 6 |
Negative: 0
Event Overview
An electric vehicle company undergoes workforce reduction while gearing up for a new, more affordable model. The downsizing reflects strategic realignment and cost management in the competitive EV market.
Collect Records
Rivian Lays Off Workers While Preparing for R2 SUV Production
2025-09-06 10:05
Electric vehicle manufacturer Rivian is laying off workers as it prepares for the production of a more affordable SUV, the R2, at its facility in Normal. Despite the job cuts, Rivian's stock is trading higher today.
Total records: 1