Thursday, June 11, 2020

Rivian in Plymouth Township lays off 40 workers

Rivian, a electronic-vehicle manufacturer in Plymouth Township, has laid off about 40 full-time employees.
The layoffs included engineers, recruiters and other employees at the engineering and design center near Plymouth Road in the township. In addition, the company has reportedly replaced the chief operating officers and made several new executive hires.

Rivian has reportedly enjoyed $3 billion in investments from companies including Amazon, Ford, T. Rowe Price and others. The company currently employs about 2,000 people and the layoffs, according to the company were performance based.
“From time to time, it's important for any performance-focused and fast-growing company to streamline its organization to improve effectiveness,” Amy Mast, Rivian's public relations director, said in a statement. “Rivian remains healthy, growing, and focused on the launch of our products.”
The company has delayed the release of its first two electric vehicles, the R1T pickup truck and the R1S SUV, to 2021 and also canceled a luxury SUV that was supposed to be built using the Rivian EV technology.