Location: Washington, USA.
Department affected: corporate.
Based on news reporting.
Lucid Motors has announced plans to lay off approximately 18% of its U.S. workforce following the departure of its Chief Operating Officer. This significant reduction in staff is part of a broader restructuring effort within the company. While specific numbers of employees affected have not been disclosed, the layoffs are indicative of the challenges the electric vehicle manufacturer is currently facing. The company aims to streamline operations and improve efficiency in response to market pressures. Further details regarding the timeline for these layoffs have yet to be provided.
Company cut 230 jobs affecting its corporate team.
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