Lucid Layoffs: EV Maker Trims 18% Of US Workforce; COO Marc Winterhoff Departs

The layoffs reflected the growing pressure on EV manufacturers like Lucid to control expenses as buyers move towards more affordable models and as profitability is impacted.

Lucid Layoffs: EV Maker Trims 18% Of US Workforce; COO Marc Winterhoff Departs
The layoffs reflected the growing pressure on EV manufacturers like Lucid to control expenses as buyers move towards more affordable models and as profitability is impacted.