Rivian is laying off hundreds of workers after R2 deliveries begin

Rivian lays off hundreds of workers just one week later Deliveries have begun The company has confirmed to TechCrunch about its long-awaited R2 SUV.

The company said the layoffs would affect less than 2% of its total workforce, and that this was done to enhance efficiency. It’s at least the fourth round of cuts Rivian has made since the start of 2024. Wall Street Journal Reported for the first time New round of sales on Tuesday.

“We recently restructured a few teams within Rivian as we work to profitably scale our business,” the company said in a statement. Rivian said the cuts affect service teams and customers, which include sales and marketing.

Rivian was looking forward to achieving its first profits in 2027 after accumulating losses of about $30 billion so far. But Rivian He pushed that goal back in March Because of the amount of money being spent on developing self-driving vehicle technology.

The profitability delay was revealed to investors alongside news that Uber plans to invest up to $1.25 billion in Rivian and purchase up to 50,000 R2 SUVs for use as robotaxis. Rivian has not yet demonstrated its ability to develop such capabilities, as it currently only offers hands-off and on-road monitoring.