Electrical-truck maker Rivian is shedding one other 600 folks, or about 4.5% of its workforce, as the worldwide demand for electric vehicles decreases, The Wall Avenue Journal reported. This follows a earlier spherical of layoffs in 2024.
Rivian is amongst a number of know-how and media corporations which have seen layoffs in October, together with Meta, Paycom, Constitution, NBC Information, and The Wall Avenue Journal.
Sadly, October 2025 is not any outlier. From know-how corporations to media conglomerates, the layoffs are a part of a development in each the U.S. and Europe as corporations begin to slash employees and downsize.
Some are blaming artificial intelligence (AI), although critics say it’s simply an excuse for corporations to trim employees. The layoffs may be a approach to hedge in opposition to the present financial uncertainty triggered by inflation, tariffs, the skyrocketing price of residing, and now an ongoing federal authorities shutdown.
Under are a number of the tech and media corporations which were shedding employees for the reason that starting of the month. Quick Firm has reached out to the entire corporations listed under for remark.
Rivian
On Thursday, there was information that Rivian was shedding about 4.5% of its workforce, after a earlier smaller layoff affecting some 1.5% of the corporate final month. Rivian, like many EV producers, is predicted to see EV gross sales decline within the wake of the Trump administration’s resolution to finish a hefty federal tax credit score for EV purchases. Rivian can also be planning to launch a brand new automobile in 2026, according to The Wall Avenue Journal.
Meta
On Wednesday, Meta—the proprietor of Fb, Instagram, Threads, Messenger, and WhatsApp—mentioned it’s shedding about 600 workers from Alexandr Wang’s new “superintelligence” research lab, after hiring the 25-year-old wunderkind and investing $14.3 billion in his firm, Scale AI, in June. Meta CEO Mark Zuckerberg says the social know-how firm plans to invest between $60 billion and $65 billion in AI capital expenditures in 2025 alone.
Paycom
Earlier this month, Oklahoma Metropolis-based payroll and human assets software program firm Paycom laid off more than 500 employees, citing “workforce restructuring attributable to efficiencies in superior automation and AI-driven applied sciences that can affect a restricted variety of back-office roles.”
Constitution
Cable and broadband giant Charter Communications mentioned on Wednesday that to be able to streamline operations, it was shedding some 1,200 workers, or simply over 1% of its 95,000-person workforce, largely in company administration and back-office roles. They’d not be in gross sales or service positions.
The corporate misplaced 117,000 web prospects in Q2, and 60,000 in Q1, amid rising competitors from cellular suppliers, per Reuters.
NBC Information
In the meantime, NBC Information is laying off about 7% of its staff, or 150 folks, in cuts that began rolling out final week, on October 15. The cuts come forward of a cut up and a rebrand from cable information community MSNBC, which is able to now be referred to as MS NOW (which stands for “My Supply for Information, Opinion, and the World”). The transfer is a component of a bigger spin-off from mum or dad firm Comcast, which additionally contains CNBC and USA Community.
The Wall Avenue Journal
Additionally this month, The Wall Avenue Journal laid off a dozen reporters and editors from its schooling, well being, and science information groups, citing structural modifications. “I acknowledge that change will be unsettling,” editor-in-chief Emma Tucker said in a employees memo. “I wish to thank them for his or her many contributions to the Journal, notably Stefanie Ilgenfritz, [who] has spent greater than 35 years on the Journal and has helped form distinctive and consequential journalism, together with a sequence on Medicare fraud that received the Pulitzer Prize in 2015.”
