Lucid Motors is cutting 12% of its workforce as it seeks profitability | TechCrunch

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Lucid Motors is laying off 12% of its workforce in an effort to “improve operational efficiency and optimize our resources as we continue our path to profitability,” according to an internal report obtained by TechCrunch. Hourly workers in the production, logistics and quality teams are not affected by the cuts, according to a memo sent … Read more