TL;DRLucid cuts 1,500 jobs and kills its second factory shift as new CEO Napoli restructures ahead of the sub-50,000-dollar Cosmos SUV launch.
Lucid Motors is cutting 18 percent of its workforce, roughly 1,500 employees, just four months after the EV maker laid off 12 percent of its staff. The company said Monday that it has also eliminated the second production shift at its factory in Casa Grande, Arizona, and scrapped the chief operating officer role entirely.
The cuts are the first major move by Silvio Napoli, who took over as CEO in April after a 14-month search following the abrupt resignation of founder Peter Rawlinson in February 2025. Napoli, who spent nearly 31 years at Swiss elevator and escalator manufacturer Schindler and has no prior automotive experience, said the restructuring is meant to “simplify the company, sharpen execution, and position Lucid to become more competitive over time.”
Marc Winterhoff, who served as interim CEO for more than a year until Napoli’s arrival, has also left the company. Lucid had previously said Winterhoff would stay on as COO, but the regulatory filing confirms the position has been eliminated. Winterhoff will receive severance, security support, and gets to keep his company vehicle.
