Auto IndustryJan 13, 2022
RivianiKBM44

Rivian reorg and layoffs this week

There was a reorganization at Rivian this week, accompanied by layoffs. The result of silo-ing and leadership failure. Not sure how many jobs cut, at least in the dozens.

Meta HoKG31 Jan 13, 2022

Company: reorgs and trims fat with layoffs Blind: zOMFG <company> LEADERSHIP IS FAILING

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gtFb16 Jan 13, 2022

Well Rivian never had good leadership to begin with.

Apple Hifcku Jan 13, 2022

Damn

Amazon cofi Jan 13, 2022

Which org was affected?

Rivian =0===0= Jan 13, 2022

Wait what reorg and layoffs?

Rivian samusaran Jan 13, 2022

👀

Google (ツ)-v Jan 13, 2022

You didnt see the invite in your calendar 👀?

Rivian muydUx Jan 13, 2022

There hasn’t been any reorg or layoffs that I am aware of. It’s false information.

Rivian testRiv Jan 13, 2022

See internal channel

Rivian gutx45 Jan 14, 2022

I can name you people who got fired ! It’s not false information trust me

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Qmat Jan 14, 2022

Across locations? Any particular department? What have they accomplished to be trimming?? Unless those were always on the hit list.

Magna International Pinra Jan 16, 2022

People denying layoff to save their stock options I guess. Rivian got their bumper IPO and first earnings call was not good. Missed targets. So for next earnings call they need to show something better. Headcount reduction is part of reducing costs.

Rivian muydUx Jan 16, 2022

I really don’t know what rivian did to this Magna guy who shows up in all rivian threads and spreads hate. :))

ByteDance dedroogie Jan 29, 2022

Yes. Anyone who gets hit before stocks vest in May loses ALL their stock and nothing has vested (true for everyone there)

Barclays PLC oneprcent Jan 16, 2022

I dodged a bullet then!

Intel hllo,wrld! Jan 24, 2022

I think it's true. Seen a bunch of folks from Rivian applying. Good luck with your search.