Lucid Motors slashes 400 jobs ahead of crucial SUV launch

Lucid Motors is laying off about 400 employees, or roughly 6% of its workforce, as part of a restructuring ahead of the launch of its first electric SUV later this year. The company said in a regulatory filing on Friday morning that it expects to complete the restructuring by the end of the third quarter […] © 2024 TechCrunch. All rights reserved. For personal use only....