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Market Chatter: Rivian Automotive Lays Off Hundreds of Workers

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Rivian Automotive (RIVN) laid off hundreds of employees, or under 2% of its workforce, Tuesday, the Wall Street Journal reported, citing a company spokesperson.

The layoffs affected workers in the electric-vehicle maker's service and customer organization, the report said.

Rivian didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $15.86, Change: $-0.82, Percent Change: -4.92%

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