Lucid Motors is cutting 1,500 jobs, representing 18% of its workforce, as part of a streamlining effort despite recent product launches and plans for future growth.
This is Lucid's second major layoff in 2026
Jun 23, 2026
01:03 pm
What's the storyLucid Motors, the Saudi-backed electric vehicle (EV) maker, has announced a major job cut.
The company is laying off around 18% of its US workforce as part of a large-scale cost-reduction plan.
Lucid lays off 18% of staff, its second deep cut in four months
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Lucid lays off 1,500 workers in second big cut of the year
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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 Motors cuts 18% of workforce as new CEO dismantles second production shift
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…
Just months after the last round of layoffs in February, the loss-making EV manufacturer Lucid is cutting another 18 per cent of…
The cuts and redundancies are part of a plan to "simplify the company," the CEO says.
The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand."
It's the company’s second round of layoffs this year.
Lucid Motors layoffs 2026 explained: Lucid Motors announces a significant layoff of 1,500 employees, amounting to 18% of its…
