Usually this is done through attrition and retirement. As people leave naturally, the positions are't refilled. To make it happen faster, various contract/agreement buyouts are used. Most are from Ford Blue, the ICE division of Ford. This tells me that there aren't any more ICE engines coming after the 6.8 V8.8K jobs cut........not good!
Has anyone ever even seen a Rivian on road? I never have even in Telsa-riddled NJ. EV vs ICE aside, in this economy you're not going to sell a lot of $70k vehicles.So the timing of this thread spells a lot. Just came across this article today.
LA TIMES – Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric-vehicle maker has grown too quickly, according to people familiar with the matter. […] The Irvine company, which has more than 14,000 employees, could target an overall reduction of around 5%, the people said. The layoffs are still in the planning stage, and nothing has been decided.
Think more of this has to do with a recession kicking in and companies preparing to weather the impending storm more than anything else!
could well be the predominant factor but might be others when it's a transitory technology involved, recall the big dot com hiring spree by telco companies like QWEST, Level 3, etc. Many hired anyone who could spell "network/cloud" and eventually many were let go and these rising stars forced to retrench and many eventually acquired. Tesla is one company doing a lot of things right in the EV market - still posting healthy sales numbers.So the timing of this thread spells a lot. Just came across this article today.
LA TIMES – Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric-vehicle maker has grown too quickly, according to people familiar with the matter. […] The Irvine company, which has more than 14,000 employees, could target an overall reduction of around 5%, the people said. The layoffs are still in the planning stage, and nothing has been decided.
Think more of this has to do with a recession kicking in and companies preparing to weather the impending storm more than anything else!
yeah I saw one a short time back parked at a trailhead - color was fatigue green, was a good sized vehicle, high ground clearance, etc.Has anyone ever even seen a Rivian on road? I never have even in Telsa-riddled NJ. EV vs ICE aside, in this economy you're not going to sell a lot of $70k vehicles.
I' ve seen exactly one Rivian Pickup truck, two weeks ago in the Denver, NC area. Was quite astonished as I've only seen one Ford Maverick pickup on the road , ever.Has anyone ever even seen a Rivian on road? I never have even in Telsa-riddled NJ. EV vs ICE aside, in this economy you're not going to sell a lot of $70k vehicles.
In Canada, your taxes are going to pay for foreign mercs who show up at public protests....not sure about Ford, but stellantis (sp?) got the biggest government handout in relation to battery production in north america. Wonder if this means I'm paying for other people to drive electric cars through my taxes?
http://cdn.carbuzz.com/gallery-images/1600/894000/400/894473.jpg