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Tech & Startups

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

TechCrunch 22 June 2026, 13:42 UTC 22 Jun 2026

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

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

This story was reported by TechCrunch. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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