# Rivian Drops the Axe on Hundreds of Employees in a Bid to Cut Costs

Page: https://stenobird.com/podcast/autoblog-news-1708029/rivian-drops-the-axe-on-hundreds-of-employees-in-a-bid-to-cut-costs
Text version: https://stenobird.com/podcast/autoblog-news-1708029/rivian-drops-the-axe-on-hundreds-of-employees-in-a-bid-to-cut-costs.md
Podcast: [Autoblog News](https://stenobird.com/podcast/autoblog-news-1708029)
Published: 2026-06-18T13:00:00+00:00
Episode link: https://www.autoblog.com/news/rivian-drops-the-axe-on-hundreds-of-employees-in-a-bid-to-cut-costs
Audio file: https://www.autoblog.com/.image/NzowMDAwMDAwMDAxMTQ3NjYw/2027-rivian-r2-performance-10.jpg?profile=rss
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## Resource

Volkswagen-backed Rivian has not been having the best time. After financial setbacks for its upcoming EV, it seems like the company cannot catch a break. According to a report from The Wall Street Journal, Rivian announced Tuesday that it is laying off hundreds of workers. This equates to less than ...

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