Rivian Automotive is planning hundreds of layoffs to trim its workforce in areas where the electric-vehicle maker has grown too quickly, people familiar with the matter told Bloomberg.
Rivian Automotive is planning hundreds of layoffs to trim its workforce in areas where the electric-vehicle maker has grown too quickly, people familiar with the matter told Bloomberg.
The Japanese automaker will ditch about 20 performance-based metrics for a singular metric: new-car sales. The Nissan One program, which launches June 3, ties dealer variable margin to achieving retail volume goals.