, opens new tab 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 ...
The move is just the latest in a series of layoffs in the EV sector. Luxury EV maker Lucid Group Inc. is cutting about 400 jobs, or 6% of its workforce, in a bid to “optimize […] operating expenses,” ...
(Reuters) -Lucid Group said on Friday it would reduce its workforce by 6%, or around 400 employees, as the electric vehicle industry grapples with slower growth. Shares of the EV maker rose around ...
Lucid (LCID) is the latest EV maker to reveal job cuts to reduce costs. As part of a new restructuring plan, Lucid plans to reduce its US workforce by 6%, or about 400 employees. Lucid cuts ...
Lucid Group said on Friday it would reduce its workforce by 6%, or around 400 employees, as the electric vehicle industry grapples with slower growth. Shares of the EV maker rose around 2% in ...
Lucid forecast higher annual capital expenditure at the start of the month, as it works on expanding production capacity at its Arizona factory and build a new one in Saudi Arabia. Lucid Group ...
Company had a total of around 6,500 full-time employees globally, as of December 2023 Lucid Group will reduce its workforce in the United States by 6 per cent, or around 400 employees, it said on ...
LUCID Group will reduce its workforce in the United States by 6 per cent, or around 400 employees, it said on Friday (May 24), becoming the latest electric-vehicle maker to cut jobs as the industry ...