Lucid Cuts Nearly a Fifth of U.S. Staff, COO Exits as Company Seeks Profitability
Lucid Group announced on Monday an approximately 18% reduction in its U.S. workforce and confirmed the departure of Chief Operating Officer Marc Winterhoff. The company said the layoffs will affect full-time employees, contractors and hourly manufacturing workers, and that it has removed the second shift at its main AMP-1 production facility. Share…