Swedish automaker bounces back after a challenging 2022.
Rivian Chief Executive RJ Scaringe announced in a memo to employees plans to trim another 6% of its workforce.
Cost-saving moves also include reduced hours as it tries to keep up with debt payments.
The move will affect 1,350 employees who will be indefinitely laid off at the Belvidere, Illinois, plant.
Stellantis has suspended production at its Russian plant, which employs 2,700 people, over logistical difficulties and sanctions imposed on Moscow.
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