Lucid Lays Off 18% Of Its Workers And Cuts Production At Arizona Plant — Live Feedhttps://www.live-feeds.com/feed/lucid-lays-off-18-of-its-workers-and-cuts-production-at-arizona-plantContinuously updated, source-cited coverage. Lucid Motors Cuts Workforce by 18% to Save $158Mhttps://www.live-feeds.com/feed/lucid-lays-off-18-of-its-workers-and-cuts-production-at-arizona-planthttps://www.live-feeds.com/feed/lucid-lays-off-18-of-its-workers-and-cuts-production-at-arizona-plant#u21405Thu, 02 Jul 2026 13:25:39 +0000Lucid Motors is reducing its U.S. staff by approximately 1,500 positions. The company is also removing a production shift at its Casa Grande, Arizona plant. CEO Silvio Napoli is leading these restructuring efforts to reduce costs.What's confirmed:Lucid Motors is cutting roughly 18% of its U.S. workforce.Approximately 1,500 jobs are being eliminated.A production shift at the Casa Grande factory in Arizona is being cut.CEO Silvio Napoli is implementing a restructuring plan to save $158M. Lucid Cuts 18% of U.S. Workforce and Reduces Arizona Productionhttps://www.live-feeds.com/feed/lucid-lays-off-18-of-its-workers-and-cuts-production-at-arizona-planthttps://www.live-feeds.com/feed/lucid-lays-off-18-of-its-workers-and-cuts-production-at-arizona-plant#u15349Sat, 27 Jun 2026 05:42:26 +0000Lucid Motors is reducing its U.S. workforce by roughly 18%, affecting approximately 1,500 jobs. The company is eliminating a production shift at its Casa Grande factory in Arizona. These moves are part of a restructuring plan under new CEO Silvio Napoli to save $158M.What's confirmed:Lucid is laying off roughly 18% of its U.S. workforce.Approximately 1,500 jobs are being cut.Lucid is ending a production shift at its Casa Grande factory in Arizona.The company will cut 705 jobs in Arizona.COO Marc Winterhoff has departed the company effective immediately.This is the second major workforce reduct