Lucid: 1,500 jobs cut
Lucid Motors announced a layoff of 1,500 employees, representing 18% of its workforce, as part of a restructuring effort under new CEO Silvio Napoli. This marks the company's second significant workforce reduction in just four months, amid challenges in the US electric vehicle market.
Conservative
0
Core Estimate
225
Upper Bound
525
Sources
Lucid lays off 18% of staff, its second deep cut in four months | Electrek
Lucid lays off 18% of staff, its second deep cut in four months | Electrek # Lucid lays off 18% of staff, its second deep cut in four months Lucid Motors is laying off 18% of its workforce, roughly 1,500 employees, just four months after the EV maker cut 12% of its staff. The company also confirmed Monday that it has eliminated the second production shift at its Casa Grande, Arizona factory. It’s the second mass layoff under a new leadership regime that is barely three weeks old, and it lands