Lucid Motors’ new CEO cuts 18% of workers to ‘simplify the corporate’
Lucid Motors is laying off 18% of its workforce, or round 1,500 workers, simply 4 months after the EV maker reduce 12% of its workers. The corporate stated on Monday that it has additionally “eradicated the second shift” of EV manufacturing at its manufacturing unit in Casa Grande, Arizona. The cuts are a part of…