Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Rivian CEO assumes chief marketing position amid restructuring before R2 debut

Rivian CEO assumes chief marketing position amid restructuring before R2 debut

Bitget-RWA2025/10/24 00:09
By:Bitget-RWA

RJ Scaringe, the founder and CEO of Rivian, is stepping into an additional position at the company as it undergoes a reorganization in preparation for the R2 SUV’s debut next year, a process that includes laying off over 600 staff members.

In an email sent to employees on Thursday, Scaringe announced he will temporarily serve as Rivian’s chief marketing officer while the company searches for its first permanent hire for the role. The leaders of Rivian’s “marketing experiences” group and the head of the creative studio will now report directly to Scaringe, according to an email reviewed by TechCrunch.

It remains uncertain how many people currently report directly to Scaringe—a spokesperson declined to answer—but he mentioned on the Decoder podcast last year that the number was “quite large.”

Thursday’s announcement marks the third round of layoffs at Rivian in 2024. In June, as first reported by TechCrunch, the company eliminated about 140 positions from its manufacturing department. A similar reduction affected the sales and service teams in September. Earlier in the year, Rivian also enacted a more significant workforce cut of 10%.

“I am reaching out to share some tough news,” Scaringe wrote in his Thursday message to staff. “With the R2 launch approaching and our need to scale the business sustainably, we have made the hard choice to implement several organizational changes. As a result, our workforce will shrink by approximately 4.5%.”

Scaringe pointed to a “shifting operational environment”—referencing the end of the federal EV tax credit, higher tariffs from the Trump era, and broader challenges for clean energy in the U.S.—as reasons the company needed to “re-evaluate how we expand our go-to-market teams.”

Alongside Scaringe’s new oversight of marketing and creative, the company will also be “simplifying” the customer experience, according to the email. Rivian is moving its “vehicle operations” group to merge with its service department, while delivery and “mobile operations” will now be part of the sales team.

These organizational updates are intended to “make the buying process as smooth as possible, providing a single point of contact from the initial sale through to delivery,” Scaringe explained.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ZEC Surges 701.51% This Year as Grayscale Files for Zcash ETF and Institutional Demand Increases

- Grayscale filed an S-3 registration with the SEC to convert its Zcash Trust into the first U.S. spot ETF for privacy-focused ZEC, signaling growing institutional adoption. - Zcash's shielded transactions now account for 30% of trades, with 20-25% of its supply stored in encrypted addresses, highlighting demand for privacy-enhanced crypto. - ZEC surged 701.51% year-to-date in 2025 but fell 13.26% weekly, reflecting crypto market volatility despite outperforming Bitcoin and Ethereum . - The pending ETF app

Bitget-RWA2025/11/29 23:22
ZEC Surges 701.51% This Year as Grayscale Files for Zcash ETF and Institutional Demand Increases

Zcash News Today: Crypto’s Schism: Doubt in L1s Contrasted with Growth at the Application Layer

- QwQiao critiques speculative L1 tokens (e.g., Bitcoin , Ethereum) for scalability issues and volatile valuations, contrasting them with utility-driven application-layer innovations. - Application-layer projects like DeFi, NFTs, and privacy-focused Zcash (ZEC) gain traction via real-world use cases, exemplified by Grayscale's ZEC ETF and Bitcoin Munari's structured token sales. - Dynamic tokenomics and institutional adoption (e.g., Ripple's RLUSD approval) highlight shifting priorities toward sustainable

Bitget-RWA2025/11/29 23:00
Zcash News Today: Crypto’s Schism: Doubt in L1s Contrasted with Growth at the Application Layer

Solana News Today: GeeFi's Presale Skyrockets Amid 2025 AI Surge, Attracting Investors with Promises of 3,000% Returns

- GeeFi's (GEE) Phase 2 presale surges with 10M tokens sold, offering 3,000% ROI forecasts vs. struggling Layer-1 rivals like Avalanche and Solana . - GEE's 20% phase-based pricing model (currently $0.06) targets $0.40 listing, with experts projecting 4,900% returns if it reaches $3/token. - The project's non-custodial wallet, DEX, and 55% APY staking, plus VISA/Mastercard crypto card partnerships, differentiate it from speculative crypto peers. - Market shifts toward utility-driven solutions accelerate as

Bitget-RWA2025/11/29 23:00
Solana News Today: GeeFi's Presale Skyrockets Amid 2025 AI Surge, Attracting Investors with Promises of 3,000% Returns

Bitcoin Updates: Bitcoin’s Financial Infrastructure Sets the Stage for an ETF-Fueled Bull Market

- BlackRock deposited $422M in BTC/ETH to Coinbase Prime, signaling institutional-driven Bitcoin liquidity growth and ETF adoption. - Nasdaq's 40x IBIT options expansion is seen as structural catalyst for institutional capital deployment and Bitcoin's all-time high potential. - Mixed on-chain metrics show $90k retest but weak liquidity above $84k, with weekend volatility and short-covering limiting sustained bullish momentum. - Market awaits confirmation of BlackRock's $85.3k support hold and Fed rate deci

Bitget-RWA2025/11/29 23:00
Bitcoin Updates: Bitcoin’s Financial Infrastructure Sets the Stage for an ETF-Fueled Bull Market