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Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’

TechCrunch June 22, 2026 · 1:42 pm Read Original

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Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’

The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand."

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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source TechCrunch

Published Jun 22, 2026 · 1:42 pm

Article ID 55p2kdr

Original URL Open source

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