Rivian Automotive Inc. is reducing its headcount by 6% in a cost-savings measure, but sparing assembly line workers at its sole operational plant in Normal, Illinois, from the cutbacks.
The startup electric-vehicle maker is notifying staff impacted by the belt-tightening measure on Wednesday, according to a memo viewed by Bloomberg. It said the move targeted employees across the Irvine, California-based company, except for “manufacturing jobs in Normal.”
