EV startup Lucid plans to cut about 18% of its workforce - report

Electric-vehicle maker Lucid Group Inc is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing sources familiar with the matter and an internal memo.

is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing sources familiar with the matter and an internal memo.Lucid, which had about 7,200 employees at the end of last year, will communicate details of the layoffs in the next three days, according to the.

is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing sources familiar with the matter and an internal memo.Lucid, which had about 7,200 employees at the end of last year, will communicate details of the layoffs in the next three days, according to the

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