Rivian lays off more workers

• Rivian is undergoing another round of layoffs.
• Its the company's fourth wave of job cuts in recent years.
• Over a dozen employees have begun posting about the layoffs on LinkedIn.

Rivian is going through another round of layoffs.

Over a dozen workers began posting on LinkedIn about cuts at the company on Wednesday afternoon. A spokesperson later confirmed the layoffs.

"We continue to work to right-size the business and ensure lignment to our priorities," they told Business Insider. "As a follow-up to some of the changes we made to teams in February, today we shared some additional changes to groups supporting the business. Around 1 percent of our workforce was affected by this change.  This was a difficult decision, but a necessary one to support our goal to be gross margin positive by the end of the year."

This is Rivian's fourth round of layoffs in recent years. Rivian cut 10% of its staff in February, 6% in February 2023, and another 6% in July 2022, BI previously reported.

At the end of 2023, Rivian employed nearly 17,000 workers in North America and Europe.

In March, Rivian delayed the opening of a planned factory in Georgia, opting to build its recently announced R2 vehicle at its existing factory in Illinois.

This is a developing story. Check back for updates.

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