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Tech & Startups

Lucid Motors cuts 18% of workforce as new CEO dismantles second production shift

The Next Web 22 June 2026, 15:22 UTC 22 Jun 2026

Lucid Motors cuts 18% of workforce as new CEO dismantles second production shift — The Next Web

Lucid Motors is cutting 18 percent of its workforce, roughly 1,500 employees, just four months after the EV maker laid off 12 percent of its staff. The company said Monday that it has also eliminated the second production shift at its factory in Casa Grande, Arizona, and scrapped the chief operating officer role entirely. The […] This story continues at The Next Web

This story was reported by The Next Web. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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