Electric vehicle manufacturer Lucid plans to cut up to 12% of its workforce in the United States
Electric vehicle manufacturer Lucid (LCID.US) announced on Friday that due to weak demand for high-priced electric vehicles, it will cut up to 12% of its workforce in the United States to improve profitability.
A company spokesperson added that this round of layoffs will not affect hourly production employees at the company's manufacturing facility in Arizona
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