Tag: lay

News

Rivian to lay off 6% of workforce as EV price war concerns grow

2 months ago
Jeff Lincoln

Employees examine a Rivian R1T electrical automobile (EV) pickup truck on the assembly line at the company’s producing facility in Typical, Illinois, US., on Monday, April 11, 2022. Jamie Kelter…

Technology

Used-car retailer Carvana to lay off 2,500 in post-Covid slide

11 months ago
Jeff Lincoln

Carvana will lay off about 2,500 workforce, or 12% of its workforce, the enterprise stated on Tuesday, as the on line utilised-vehicle retailer operates to get back again to profitability…