EV maker Lucid cuts 18% of U.S. workforce, eliminates COO role
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Lucid, an electric vehicle maker, is cutting 18% of its US workforce and eliminating the chief operating officer role. The layoffs appear to affect workers in multiple locations, including the bay area and michigan. The move is part of an effort to simplify the company, possibly under the direction of a new CEO, and follows a previous round of significant job cuts.
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