https://www.live-feeds.com/feed/lucid-lays-off-18-of-staff-its-second-deep-cut-in-four-monthsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lucid-lays-off-18-of-staff-its-second-deep-cut-in-four-monthshttps://www.live-feeds.com/feed/lucid-lays-off-18-of-staff-its-second-deep-cut-in-four-months#u20476Wed, 01 Jul 2026 18:12:14 +0000Lucid Group Inc. is reducing its U.S. staff by roughly 18%, resulting in about 1,500 job losses. CEO Silvio Napoli is implementing these cuts to align production with demand and improve cash flow. The company is also removing a production shift at its Casa Grande plant.What's confirmed:Lucid is reducing its U.S. workforce by roughly 18%.The cuts affect approximately 1,500 employees.The company is eliminating a production shift at its Casa Grande plant in Arizona.This is the second round of layoffs in roughly four months.CEO Silvio Napoli is leading the effort to simplify the company and match https://www.live-feeds.com/feed/lucid-lays-off-18-of-staff-its-second-deep-cut-in-four-monthshttps://www.live-feeds.com/feed/lucid-lays-off-18-of-staff-its-second-deep-cut-in-four-months#u14585Fri, 26 Jun 2026 17:22:40 +0000Lucid is reducing its U.S. workforce by roughly 18%, affecting about 1,500 employees. New CEO Silvio Napoli is implementing these cuts to simplify the company and align production with demand. The move includes eliminating a production shift at the Arizona factory.What's confirmed:Lucid is laying off roughly 18% of its U.S. workforce, which equals approximately 1,500 jobs.This is the second major workforce reduction in four months, following a previous 12% cut.COO Marc Winterhoff is departing the company effective immediately.The company is eliminating a production shift at its Arizona factory