Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’

TechCrunch | 22.06.2026 20:42
Lucid Motors is laying off 18% of its workforce, or around 1,500 employees, just four months after the EV maker cut 12% of its staff. The company said on Monday that it has also “eliminated the second shift” of EV production at its factory in Casa Grande, Arizona.