GeneralBearishBlockonomi · 3h ago7/10
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Lucid (LCID) Stock Tumbles as EV Maker Slashes Workforce by 18% in Latest Restructuring
Lucid Motors announced an 18% workforce reduction and suspended 2026 production guidance, marking the company's second major layoff round this year. The announcement also included the departure of its Chief Operating Officer, contributing to a 3.6% stock decline and signaling continued operational challenges in the struggling EV manufacturer.
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