Rivian Finally Made a Profit. Are Layoffs Next?
Yeah, I said that. Here's some facts...
Rivian just reported its first-ever gross profit -- sounds awesome, right? ๐ช๐ฟ๐ผ๐ป๐ด. 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:
โก๏ธ ๐๐ฒ๐ฏ๐ฟ๐๐ฎ๐ฟ๐ ๐ฎ๐ฌ๐ฎ๐ฏ โ Forecasted 57,000 vehicles for 2024, far below the 80,000 analysts expected โ '23 layโฆ


