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UPCOMING · ESTIMATEDPublished Jun 28, 2026

Lucid Motors Plans Over 1,000 Layoffs Amid Cost-Cutting Measures

EMPLOYEES AFFECTED
1,000
PLANNED DATE
Not disclosed

What we know

A specific layoff date has not been disclosed.

Based on news reporting.

Summary

Lucid Motors, the electric vehicle manufacturer, has announced plans to lay off more than 1,000 employees as part of its cost-cutting measures. This decision comes amid ongoing efforts to streamline operations and reduce expenses. The company has not specified a timeline for these layoffs or the departments that will be affected. The move reflects the challenges faced by Lucid Motors in the competitive EV market, as it seeks to improve its financial position and operational efficiency.

Lucid Group, Inc. cut 1,000 jobs.

LayoffTalk has tracked 15 layoff events at Lucid Group, Inc. since October 2023, affecting a combined 4,703 employees.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

Lucid Group, Inc. has announced planned job cuts affecting 1,000 employees. Were you notified, or are you still waiting to hear? What is leadership telling employees? You can post anonymously below.

SOURCE
News reporting
View original source ↗

Estimated figure based on news reporting. Not yet confirmed by Lucid Group, Inc..

L
Lucid Group, Inc.
15
EVENTS TRACKED
7,303
AFFECTED SINCE 2023
View company profile+ Get alerts for Lucid Group, Inc.

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CREATED JUN 28, 2026LAST UPDATED JUL 1, 2026