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Lucid to cut 18% of U.S. workforce, COO Winterhoff leaves
On June 22, in a U.S. Securities and Exchange Commission (SEC) filing, the Lucid Group said it is cutting its U.S. workforce by approximately 18% as part a plan “aligning production plans with anticipated demand”. The plan is expected to realize an annualized cost savings of approximately USD 158 million.
The compan....
The compan....
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