EV startup Lucid to cut about 18% of its workforce

Electric-vehicle maker Lucid Group Inc said on Tuesday it would lay off about 18% of its workforce, or around 1,300 employees, to cut costs as part of a restructuring plan. The maker of Air luxury sedan last month forecast 2023 production that fell well short of analysts’ expectations and reported…#lucidgroupinc #peterrawlinson #teslainc #rivianautomotiveinc #rivian
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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