Why Is Lucid Motors Laying Off Employees in 2024?

Lucid Layoffs

Lucid Group Inc., an electric vehicle manufacturer, announced layoffs this year. The layoffs in various sectors, including tech and non-tech, have been significant. It is noted that more than 236,800 employees lost their jobs in tech sectors, as reported by layoffs.fyi. The industry is experiencing a period of reckoning. Besides the tech sectors, many strong companies … Read more