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Job cuts hit Lucid as COO Marc Winterhoff leaves company (opens original article in a new tab)

TL;DR

EV maker Lucid cut 18% of its US workforce and announced COO Marc Winterhoff's departure as part of a restructuring plan to improve profitability.

  • Lucid announced 18% workforce reduction in the US
  • COO Marc Winterhoff left the company
  • Second shift at AMP-1 factory was scrapped
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