Lucid Motors Announces a 12% Cut to Its United States Workforce

Lucid Motors, the Bay Area upstart fighting to compete in the famously difficult electric vehicle business, is laying off hundreds of workers amid its long grind toward profitability. The luxury carmaker announced a 12% cut to its United States workforce.

Lucid Motors Announces a 12% Cut to Its United States Workforce
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Bay Area Homebuilder Warns of 100% Layoffs of Its 290 Employees

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Mass Layoffs & AI Mandates at Block, Inc.; 10 % Staff Cuts & Promotion of AI Tools