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LCID Stock Alert: Why Lucid Motors Just Cut 400 Jobs
InvestorPlace· 8 hours agoLucid (NASDAQ:LCID) is trading lower after the pure-play electric vehicle (EV) company announced a restructuring plan that involves parting ways with 6%...
Lucid joins Tesla and Rivian in cutting workers as EV sales growth slows
Quartz· 6 hours agoDespite getting an additional round of funding from its Saudi backers earlier this year, Lucid...
Lucid Motors slashes 400 jobs ahead of crucial SUV launch
TechCrunch· 12 hours agoLucid Motors is laying off about 400 employees, or roughly 6% of its workforce, as part of a...
Lucid’s stock rises, as EV maker says it will cut 400 jobs in restructuring
Market Watch· 13 hours agoLucid Group Inc.’s stock rose 2.6% premarket Friday, after the EV maker announced a restructuring...
Lucid Group Is Cutting 6% of Its Workforce. The Stock Is Down.
Barrons.com· 10 hours agoThe overhaul is expected to be substantially completed by the end of the third quarter. The company...
Lucid (LCID) cuts US workforce by 6% ahead of Gravity electric SUV launch
Electrek· 10 hours agoLucid (LCID) is the latest EV maker to reveal job cuts to reduce costs. As part of a new...
Lucid Group announces workforce reduction to optimize expenses By Investing.com
Investing.com· 7 hours agoLucid Group, Inc. (NASDAQ:LCID), the American electric vehicle manufacturer, has announced a...
Lucid to cut jobs in latest sign of stress for EV market
Detroit News· 7 hours agoLucid Group Inc. will eliminate about 400 jobs in the coming months, the latest move by an...
Lucid Motors cuts six percent of its workforce ahead of EV SUV launch
Engadget· 8 hours agoLucid Motors has cut 400 jobs, according to a regulatory filing. This amounts to around six percent...
Electric vehicle maker Lucid Group sets layoffs to cut costs amid lowered demand - Phoenix Business...
The Business Journals· 3 hours agoCalifornia-based Lucid Group Inc. is laying off hundreds of workers as it seeks to cut costs amid...