You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. In the era of leaner companies, even the C-suite isn't insulated from downsizing. Just look at Lucid.

Just three months ago, Lucid Motors showed off a new midsize electric vehicle platform that it said would give rise to a number of new vehicles in the coming years. The Saudi-backed startup is now ...

EV maker Lucid is reducing its U.S. workforce by 18%. The company also said Chief Operating Officer Marc Winterhoff is leaving the company and the COO role has been eliminated. Lucid said last month ...

Lucid is replacing almost its entire executive team under new CEO Silvio Napoli, bringing in a new CFO, CTO, and three other C-level leaders in a single announcement. The overhaul lands just over a ...

Lucid has registered the design of its upcoming Cosmos with the European Union Intellectual Property Office, giving us the clearest look yet at the sub-$50,000 crossover the automaker is betting its ...

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 ...

Lucid is eliminating 18 percent of its U.S. workforce, the second significant layoff for the nascent automaker this year. The company is also reducing production at its factory in Casa Grande, Arizona ...

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Lucid is doing all it can to get the Cosmos crossover to market quickly, but before that, it’s cutting more of its workforce and seemingly hitting the reset button… again. Four months after laying off ...

Lucid Group in Newark is slashing its workforce for at least the second time this year and eliminating a top executive role as part of a cost-reduction plan in the face of wavering demand for its ...

Lucid Group will lay off about 18% of its U.S. workforce, including its chief operating officer, as the company continues to streamline its structure, reduce costs and align production with ...

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