Rivian to hold employee meeting Friday to address layoffs, restructuring

RJ Scaringe with schematic — Rivian CEO RJ Scaringe in a recent photo at the assembly plant in Normal, Ill. (LAURENCE ILIFF)

By:

PAUL LIENERT

By:

Reuters

July 12, 2022 07:29 PM

EV maker Rivian Automotive Inc. plans to brief employees on Friday on potential layoffs and plans to suspend some programs as part of a broader restructuring, CEO RJ Scaringe said in an email sent to employees on Monday evening.

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