Lucid Motors slashes 400 jobs ahead of crucial SUV launch

Rawlinson said the cuts will be made to both Lucid's full-time and contract workforces, and that they include "leadership and mid-level management." Hourly manufacturing and logistics employees will not be affected. 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 thir ...