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Lucid to Lay Off About 18% of U.S. Workforce as COO Exits EV Company

Lucid
International Business Times Fews App News Provider
Fews App Post Time Hace 23h

Justin Sullivan/Getty Images Electric vehicle manufacturer Lucid Group announced Monday that it will cut roughly 18% of its U. S. workforce as part of a broader restructuring effort aimed at reducing costs and improving profitability amidst mounting pressure in the electric vehicle industry.

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