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Lucid layoffs: Bay Area EV maker cuts 18% of workforce

Lucid layoffs: Bay Area EV maker cuts 18% of workforce
Photo: KRON4 (KRON-TV) · view original

(KRON) -- Bay Area electric vehicle maker Lucid has announced plans to slash its workforce by around 18%. In a filing with the U.S. Securities and Exchange Commission, Lucid Group unveiled a plan designed to advance the company's path toward profitability. The path, according to the filing, inclu...

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