Lucid's goal to 'simplify' the company includes 18% layoffs — and eliminating the COO role entirely
By
Ben Shimkus
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Lucid is conducting layoffs as it looks to "simplify the company" and "sharpen execution," a spokesperson said in a statement.
Lucid's goal to 'simplify' the company includes 18% layoffs — and eliminating the COO role entirely
By
Ben Shimkus
You're currently following this author!
Want to unfollow? Unsubscribe via the link in your email.

Lucid Motors' new CEO cuts 18% of staff to 'simplify the company' | TechCrunch

Lucid layoffs: EV maker cuts 18% workforce, eliminates COO Marc Winterhoff's role

EV maker Lucid to cut about 18% of US workforce, COO Winterhoff exits

Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves

Lucid lays off 1,500 workers in second big cut of the year

Lucid lays off 18% of staff, its second deep cut in four months

Lucid cuts a further 18% of workforce - electrive.com

Lucid Lays Off 18% Of Its Workers And Cuts Production At Arizona Plant

Lucid Motors laying off 18% of US workforce, COO resigns

Lucid Motors cuts 18% of workforce as new CEO dismantles second production shift

The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand."

Lucid layoffs: EV maker cuts 18% of its U.S. workforce, removes the COO role, and targets $158 million in annual savings amid…

June 22 : EV maker Lucid Group said on Monday it would cut about 18 per cent of its U.S. workforce and announced COO Marc…

Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing…

The cuts and redundancies are part of a plan to "simplify the company," the CEO says.

Lucid is laying off 18% of staff (~1,500 jobs) and killing a production shift in Arizona, just four months after a 12% cut, as…