Electric-vehicle maker Lucid Group Inc said on Tuesday it would lay off about 18% of its workforce, or around 1,300 employees ...
The company will reportedly communicate the details of the layoffs to workers before the week is ... it’s looking like an uphill battle for fledgling EV makers like Lucid and Rivian. The latter ...
perhaps with players that grabbed less investor attention than Rivian. Arrival, a UK-based commercial EV startup, has gone through multiple restructurings resulting in layoffs. The company ...
First reported by Reuters on Wednesday, Rivian is laying off 6% of its workforce, which is approximately 840 jobs. It’s the California-based EV startup’s second round of layoffs since July.
Rivian Automotive Inc. RIVN, +1.60% plans to initiate another round of layoffs, the latest in the electric-vehicle startup’s efforts to preserve cash as it confronts challenges scaling its business.
Electric vehicle startup Lucid Motors says it is planning to lay off about 18% of its workforce, as the company restructures ...
Two rounds of layoffs and an 80% stock slump have Rivian's CEO promising focus. Customers just want their cars.
Lucid, which had about 7,200 employees at the end of last year, will communicate details of the layoffs in the next three ...
Electric-vehicle maker Lucid Group Inc is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing ...