Lucid Motors has announced a reduction of 18% of its workforce as part of a strategy to simplify the company. Additionally, the company will eliminate one production shift at its Arizona factory to better align production plans with anticipated demand.
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Lucid Motors CEO announces staff reduction and production shift
Lucid Motors is reducing its workforce by 18% and eliminating a production shift at its Arizona factory. These changes are intended to simplify operations and align production with expected demand.
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Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’
Lucid Motors CEO announces staff reduction and production shift