Lucid cuts a further 18% of workforce
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Lucid is cutting 18% of its workforce, with some reports specifying that the layoffs are limited to the US workforce. The move is part of the company's cost-cutting efforts, with one report mentioning that it is the second round of deep cuts in four months. The number of layoffs may be over 1,000, but the exact scope and details of the restructuring are not fully clear.
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