Lucid to Lay Off About 18% of U.S. Workforce as COO Exits EV Company
- Posted on June 22, 2026
- By International Business Times
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- 1 min read
Lucid to Lay Off About 18% of U.S. Workforce as COO Exits EV Company
Electric vehicle manufacturer Lucid Group announced Monday that it will cut roughly 18% of its U.S. workforce as part of a broader restructuring effort aimed at reducing costs and improving profitability.
