Lucid Motors Lays Off 12% of its Workforce: What’s Happening in the EV Industry?
2026 started aggressively with layoffs, and the EV industry, which in recent times was defined by aggressive hiring, rapid expansion, and bold growth projections. Now, it is confronting a different reality. Lucid Motors layoffs have officially entered the conversation, signaling that even premium EV manufacturers are not insulated from the broader cost-cutting wave reshaping global […]
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