The Job Chick

The Job Chick

Rivian Finally Made a Profit. Are Layoffs Next?

Yeah, I said that. Here's some facts...

Amanda Goodall's avatar
Amanda Goodall
Feb 19, 2025
โˆ™ Paid

Rivian just reported its first-ever gross profit -- sounds awesome, right? ๐—ช๐—ฟ๐—ผ๐—ป๐—ด. If you actually look at the numbers, Rivian is a setup for another brutal round of layoffs anytime now.

So here is the worrying job pattern I am seeing:
โžก๏ธ ๐—™๐—ฒ๐—ฏ๐—ฟ๐˜‚๐—ฎ๐—ฟ๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ โ€“ Forecasted 57,000 vehicles for 2024, far below the 80,000 analysts expected โ†’ '23 layโ€ฆ

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