Rivian cuts hundreds of workers after R2 deliveries start
The company said the cuts were part of a restructuring meant to help scale to profitability. Rivian recently pushed back its profitability goal to invest in autonomy.
In Brief Posted: 10:48 AM PDT · June 16, 2026 Image Credits:Rivian Sean O'Kane Rivian cuts hundreds of workers after R2 deliveries start Rivian is laying off hundreds of workers just one week after it began deliveries of its hotly-anticipated R2 SUV, the company has confirmed to TechCrunch. The company said the layoffs will affect less than 2% of its overall workforce, and that it was done to boost efficiency. It’s at least the fourth round of cuts Rivian has made since the beginning of 2024.
The Wall Street Journal first reported the new round of cuts on Tuesday. “We recently restructured a handful of teams within Rivian as we work to profitably scale our business,” the company said in a statement. Rivian said the cuts impact its service and customer teams, which include sales and marketing.
Rivian had been looking to turn its first profit in 2027 after accumulating losses of around $30 billion to date. But Rivian pushed that goal back in March because of how much money it’s spending on developing autonomous vehicle technology. The profitability delay was revealed to investors alongside news that Uber plans to invest up to $1.
25 billion in Rivian and purchasing as many as 50,000 R2 SUVs to be used as robotaxis. Rivian has yet to demonstrate that it can develop such capabilities, though, as it currently only offers a hands-off, eyes-on-the-road feature. Topics electric vehicles, EVs, Rivian, Transportation June 18 Los Angeles Get an inside look at what it takes to scale and succeed from leaders at Mach Industries, Founders Fund, and Shinkei Systems.
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Subscribe By submitting your email, you agree to our Terms and Privacy Notice. Related Transportation Self-driving tech supplier Mobileye wants to be part of the robotaxi revolution — again Kirsten Korosec 42 minutes ago Hardware Snap finally debuts its long-awaited AR glasses, Specs, and, oof, they aren’t cheap Lucas Ropek 49 minutes ago Media & Entertainment Sixty percent of US consumers say ‘AI’ in brand messaging is a turnoff, survey finds Sarah Perez 59 minutes ago Latest in Transportation In Brief Rivian cuts hundreds of workers after R2 deliveries start Sean O'Kane 20 seconds ago Transportation Self-driving tech supplier Mobileye wants to be part of the robotaxi revolution — again Kirsten Korosec 42 minutes ago Space SpaceX is public: Everything you need to know post-IPO Kirsten Korosec Russell Brandom 2 hours ago In Brief Posted: 10:48 AM PDT · June 16, 2026 Posted: 10:48 AM PDT · June 16, 2026 Rivian is laying off hundreds of workers just one week after it began deliveries of its hotly-anticipated R2 SUV, the company has confirmed to TechCrunch. The company said the layoffs will affect less than 2% of its overall workforce, and that it was done to boost efficiency.
It’s at least the fourth round of cuts Rivian has made since the beginning of 2024. The Wall Street Journal first reported the new round of cuts on Tuesday. “We recently restructured a handful of teams within Rivian as we work to profitably scale our business,” the company said in a statement.
Rivian said the cuts impact its service and customer teams, which include sales and marketing. Rivian had been looking to turn its first profit in 2027 after accumulating losses of around $30 billion to date. But Rivian pushed that goal back in March because of how much money it’s spending on developing autonomous vehicle technology.
The profitability delay was revealed to investors alongside news that Uber plans to invest up to $1.25 billion in Rivian and purchasing as many as 50,000 R2 SUVs to be used as robotaxis. Rivian has yet to demonstrate that it can develop such capabilities, though, as it currently only offers a hands-off, eyes-on-the-road feature.
June 18 Los Angeles Get an inside look at what it takes to scale and succeed from leaders at Mach Industries, Founders Fund, and Shinkei Systems. Through candid fireside chats and high-impact networking, you’ll walk away with valuable insights and new connections. REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news No newsletters selected.
Subscribe By submitting your email, you agree to our Terms and Privacy Notice. Transportation Self-driving tech supplier Mobileye wants to be part of the robotaxi revolution — again Kirsten Korosec 42 minutes ago Hardware Snap finally debuts its long-awaited AR glasses, Specs, and, oof, they aren’t ch
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