Lucid Layoffs 2025. Confirmed to techcunch that layoffs, conducted in december, had. Lucid plans to reduce its workforce by 400 employees, representing some 6% of its current workforce, following a string of price cuts and job cuts in recent months.
The ceo says that pretty much every department will be affected as it. Electric vehicle manufacturer lucid is laying off about 1,300 employees and contractors to trim costs.
Lucid Cuts Workforce Amid New Restructuring Plan.
Lucid plans to reduce its workforce by 400 employees, representing some 6% of its current workforce, following a string of price cuts and job cuts in recent months.
Lucid Has An Enterprise Value Of $4.96 Billion Based On $2.42 Billion In Total Debt And $3.99 Billion In Cash On The Balance Sheet As Of March 31.
The cuts will amount to about 1300 employees, the company said in a regulatory filing, with the company saying it expects about.
Lucid Layoffs 2025 Images References :
Is Cutting About 400 Jobs, Or 6% Of Its Workforce, In A Bid To “Optimize […] Operating Expenses,” According To A May 24.
Now, lucid is planning to lay off approximately 18% of its workers.
The Company Made The Announcement Tuesday, Noting.
The cuts will amount to about 1300 employees, the company said in a regulatory filing, with the company saying it expects about.