"Google and Rivian Cut Jobs in Tech Layoffs"

Google and Rivian have both announced job cuts, with Google implementing a reorganization affecting an unspecified number of employees, while Rivian has cut roughly 1% of its workforce. These layoffs are part of a larger trend in the tech industry, with nearly 75,000 tech workers having lost their jobs at 257 companies year to date. Google's restructuring includes some jobs moving abroad and to U.S.-based hubs, while Rivian's troubles stem from reduced demand for its vehicles and a lower-than-expected production forecast for 2024.