Electric-truck maker Rivian is laying off another 600 people, or about 4% of its workforce as the global demand for electric vehicles decreases, the Wall Street Journal reported. This follows a previous round of layoffs in 2024.

Rivian is one of a number of technology and media companies that have seen layoffs in October, including: Meta, Paycom, Charter, NBC News and the Wall Street Journal.

Unfortunately, October 2025 is no outlier. From technology companies to media conglomerates, the layoffs are part of a trend in both the U.S. and Europe as companies start to slash staff and downsize.

Some are blaming artificial intelligence (AI), though critics say it’s just an excuse for companies to trim staff. The layoffs could also be way to hedge against the current economic uncertainty trigg

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