Lucid Motors is laying off hundreds of workers. The luxury electric vehicle maker announced a 12% reduction to its United States workforce. This decision aims to improve efficiency and achieve long-term growth. The company reported a net loss exceeding $1.8 billion in 2025's first nine months. Lucid Motors previously conducted significant layoffs in 2023 and 2024.
https://www.sfgate.com/tech/article/lucid-carmaker-layoffs-21370100.php