Rivian Finally Made a Profit. Are Layoffs Next?
Yeah, I said that. Here's some facts...
Rivian just reported its first-ever gross profit -- sounds awesome, right? 𝗪𝗿𝗼𝗻𝗴. If you actually look at the numbers, Rivian is a setup for another brutal round of layoffs anytime now.
So here is the worrying job pattern I am seeing:
➡️ 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟯 – Forecasted 57,000 vehicles for 2024, far below the 80,000 analysts expected → '23 lay…