Lucid Motors

Automotive
United States3 layoff rounds tracked
2,100

Total Jobs Cut

February 2026

Most Recent

1,300

Largest Single Layoff

No

AI Cited

Layoff Timeline

February 2026

400 jobs cut(12% of workforce)

Reason: EV market challenges and cash conservation

March 2025

1,300 jobs cut(18% of workforce)

Reason: Production ramp challenges and cash conservation

May 2024

400 jobs cut(6% of workforce)

Reason: Corporate restructuring ahead of EV SUV launch

About Automotive Layoffs

201,791

Total industry layoffs

0%

AI-cited events

Sources

SkillSyncer

EV market challenges and cash conservation

Reuters

Production ramp challenges and cash conservation

Engadget

Corporate restructuring ahead of EV SUV launch

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