The cuts will impact 12% of its global workforce, the automaker said Friday in an emailed statement. Lucid didn’t specify the ...

EV startup Lucid is cutting 12% of US employees, according to an email interim CEO Marc Winterhoff sent to employees on ...

The EV startup cuts staff, sparing production teams while shifting its focus toward SUV growth and long-term profitability ...

Lucid Group Inc. LCID is cutting 12% of its global workforce as the luxury EV maker moves to streamline operations and push ...

Lucid didn’t specify the total number of job losses or current headcount, but the company had 6,800 employees at the end of 2024, suggesting the cuts are in the hundreds.

The next 10 years will be challenging, but Lucid looks capable of rewarding patient investors.

Lucid Motors is reducing its workforce by 12% to enhance operational effectiveness and resource optimization, aiming for profitability.

The layoffs affect hundreds of full-time workers in the US, according to an internal memo obtained by TechCrunch.

Lucid Motors is swinging the axe again, cutting about 12% of its U.S. workforce as the Bay Area electric car maker tries to finally nudge its way into the black. This latest round of layoffs will ...

The company has an investor event looming after closing out 2025 with some sizzling-hot sales numbers.

Tariffs are hurting both companies, and evaporating EV tax credits will remove an important leasing loophole for Rivian and Lucid. Rivian's founder has been running the company for years, while Lucid ...