Lucid to Cut 18% of U.S. Workforce as Restructuring Continues
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Lucid is cutting approximately 18% of its US workforce as part of a restructuring effort. The company is also eliminating the chief operating officer role, with the COO exiting. The move is part of a broader restructuring, with some reports indicating it is the second major layoff this year and also involves cuts to production at an Arizona plant.
Full coverage
12345678