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EV Maker Rivian to Lay Off 6% of Its Workforce amid Price War

EV Maker Rivian to Lay Off 6% of Its Workforce amid Price War

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By February 2nd, 2023

Those Rivian employees who have lost their job are entitled to 14 weeks of regular pay and health coverage, Rivian-paid COBRA benefits and continuation of mental health and fertility benefits through the end of the year, as well as job placement assistance and Q1 2023 equity vesting.