Lucid Motors is laying off 18% of its workforce, or around 1,500 employees, just four months after the EV maker cut 12% of its staff. The company said on Monday that it has also “eliminated the second shift” of EV production at its factory in Casa Grande, Arizona. The cuts are part of a bid by Lucid’s new CEO, Silvio Napoli , to “simplify the company, sharpen execution, and position Lucid to become more competitive over time,” the company said in a statement. The l…
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