EV truck maker Rivian is laying off hundreds amid a slowdown in demand

Los Angeles Times - TechThursday, October 23, 2025 at 7:49:22 PM
NegativeTechnology
Rivian, the electric truck and SUV manufacturer based in Irvine, is set to lay off around 600 employees as part of a cost-cutting strategy amid a slowdown in demand. This move highlights the challenges facing the electric vehicle market, where companies are grappling with fluctuating consumer interest and economic pressures. The layoffs not only impact the workforce but also signal a significant shift in Rivian's operational strategy as it navigates these tough market conditions.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Think your boss might be spying on you at work? Here’s how to tell - and how to resist
NegativeTechnology
With the rise of 'bossware', many employees are concerned about their privacy at work. This article discusses how to identify if your boss is monitoring you and offers practical tips on how to resist such surveillance. Understanding these tactics is crucial for maintaining a healthy work environment and ensuring that employees feel secure and respected in their roles.
Rivian agrees to settle shareholder lawsuit for $250 million
PositiveTechnology
Rivian has reached a significant settlement of $250 million to resolve a shareholder lawsuit, which is a positive step for the electric vehicle manufacturer. This agreement not only alleviates legal pressures but also allows Rivian to focus on its growth and innovation in the competitive EV market. Investors can feel reassured as the company moves forward, potentially stabilizing its stock and restoring confidence.
Rivian is settling $250 million lawsuit to focus on next year’s R2 EV
NeutralTechnology
Rivian has decided to settle a $250 million lawsuit brought by investors who alleged that the company was aware of necessary price increases following its IPO. This settlement allows Rivian to shift its focus towards the development of its upcoming R2 electric vehicle, which is crucial for the company's future growth and competitiveness in the EV market.
Latest from Technology
ARM Memory Tagging: how it improves C/C++ memory safety (2018) [pdf]
PositiveTechnology
ARM's introduction of memory tagging is a significant advancement in enhancing memory safety for C and C++ programming. This technology helps developers prevent common vulnerabilities related to memory management, making software more secure and reliable. As programming languages evolve, such innovations are crucial for maintaining robust systems and protecting user data.
Show HN: Diagram as code tool with draggable customizations
PositiveTechnology
A new diagram as code tool has been introduced, allowing users to create and customize diagrams with ease through a draggable interface. This innovation is significant as it streamlines the process of diagram creation, making it more accessible for developers and designers alike, enhancing productivity and collaboration.
Project Amplify: Powered footwear for running and walking
PositiveTechnology
Project Amplify is introducing a new line of powered footwear designed specifically for running and walking. This innovative technology aims to enhance the performance and comfort of athletes and casual walkers alike. By integrating advanced features into the shoes, users can experience improved energy return and reduced fatigue, making their activities more enjoyable. This development is significant as it represents a leap forward in sports technology, potentially transforming how we think about footwear and exercise.
"Learn APL" Notes
NeutralTechnology
The article discusses the programming language APL and includes a link to comments on a related post. APL is known for its concise syntax and powerful array manipulation capabilities, making it a unique choice for developers. Engaging with the community through comments can provide insights and foster learning, which is essential for anyone looking to enhance their programming skills.
Honda's ASIMO
NeutralTechnology
Honda's ASIMO, a groundbreaking humanoid robot, continues to capture attention for its advanced capabilities and innovative design. ASIMO represents a significant leap in robotics, showcasing Honda's commitment to technology and mobility. This robot not only demonstrates Honda's engineering prowess but also sparks discussions about the future of robotics in everyday life.
Agent Lightning: Train agents with RL (no code changes needed)
PositiveTechnology
Agent Lightning is revolutionizing the way we train agents by utilizing reinforcement learning without requiring any code changes. This innovation is significant because it simplifies the training process, making advanced AI technology more accessible to developers and businesses alike. By eliminating the need for complex coding, Agent Lightning allows users to focus on optimizing performance and achieving better results in their AI applications.