Electric truck maker Rivian Automotive will brief employees on Friday on potential layoffs and plans to suspend some programs as part of a broader restructuring, Chief Executive R.J. Scaringe said in an email sent to employees on Monday evening.
Separately, electric-car maker Tesla Inc will permanently shut its office in San Mateo, California, and will lay off 229 employees, a filing showed on Tuesday. They were working on the company’s Autopilot driver-assistant system.
Tesla Chief Executive Officer Elon Musk last month told top managers he had a “super bad feeling” about the economy and that the company needed to cut staff by about 10 percent….
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