Thread regarding California layoffs

Rivian Cuts Staff Amid R2 Launch and Stock Gains

Rivian Automotive Inc. is launching its R2 SUV deliveries. The company expanded its AT&T 5G partnership for the R2 platform. A new ChargeScape deal integrates Rivian EVs into managed-charging programs. Rivian recently laid off hundreds of service and customer operations staff. Despite these layoffs, Rivian's stock trended up by 6.94%.

https://www.timothysykes.com/news/rivian-automotive-inc-rivn-news-2026_06_29/


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