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Lucid Group, Inc. LCID

400 jobs cut · 2024-05-24
Industry: Automotive Country: United States Source type: SEC filing
From the source

On May 24, 2024, Lucid Group, Inc. (the “ Company ”) announced a restructuring plan (the “ Plan ”) intended to optimize the Company’s operating expenses in response to evolving business needs and productivity improvements through a reduction of the Company’s current employee workforce by approximately 400 employees, or approximately 6%.

View primary source (SEC EDGAR 8-K) ↗

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Cite this entry AI Layoff Tracker, AskTheRecruiter.com. "Lucid Group, Inc., 400 jobs (2024-05-24)." Retrieved Aug 2, 2026. Primary source: SEC EDGAR 8-K.