Lucid Group will reduce its workforce in the United States by 6%, or around 400 employees, it said on Friday, becoming the latest electric-vehicle maker to cut jobs as the industry grapples with ...

The job cuts amount to about 6% of Lucid’s US workforce. Lucid expects to complete the new plan by the end of Q3 2024. Under the new plan, which mainly consists of severance payments, employee ...

Luxury EV maker Lucid Group Inc. is cutting about 400 jobs, or 6% of its workforce, in a bid to “optimize […] operating expenses,” according to a May 24 regulatory filing. The cuts are expected to be ...

Lucid is cutting 6% of its workforce as part of its second restructuring in little over a year. The cuts will impact white collar employees at all levels including in leadership positions.

Lucid Group (LCID) is cutting 400 jobs, or about 6% of its workforce, as part of a restructuring, according to a filing. The move comes a little more than a year after the EV maker cut 1,300 ...

Lucid Motors announces plans to cut 400 jobs; here’s what we know EV manufacturer Lucid Motors plans to cut about 6% of the workforce, or about 400 jobs, in a new restructuring plan filed with ...

Electric-vehicle maker Lucid Group Inc said on Tuesday it would lay off about 18% of its workforce, or around 1,300 employees, to cut costs as part of a restructuring plan. CNN values your feedback 1.

The shares of Lucid Group LCID gained 3% in pre-market trading after the California-based EV maker said on Friday that it is laying off about 6% of its workforce or 400 employees to reduce costs.

(Reuters) -Lucid Group will reduce its workforce in the United States by 6%, or around 400 employees, it said on Friday, becoming the latest electric-vehicle maker to cut jobs as the industry ...