Lucid lays off 1,500 workers in second big cut of the year

Ars Technica News

Summary

Lucid Motors is laying off 1,500 workers (18% of its workforce) as part of its second major cut this year, aiming to streamline operations and reach profitability. The company is also ending its second shift and eliminating the COO role.

<p>Just three months ago, Lucid Motors showed off <a href="https://arstechnica.com/cars/2026/03/lucid-announces-midsize-ev-platform-says-profitability-lies-with-suvs/">a new midsize electric vehicle platform</a> that it said would give rise to a number of new vehicles in the coming years. The Saudi-backed startup is now selling its <a href="https://arstechnica.com/features/2024/12/the-2025-lucid-gravity-impresses-us-with-slick-handling-magic-ride/">Gravity SUV</a> alongside the <a href="https://arstechnica.com/features/2026/01/2026-lucid-air-touring-review-this-feels-like-a-complete-car-now/">ever-improved Air sedan</a> and plans to reach profitability with smaller and cheaper models sold in higher volumes. But things are far from rosy at Lucid; today, the automaker is laying off approximately 1,500 workers—18 percent of its workforce.</p> <p>These aren't the first layoffs of the year, either; In February, <a href="https://techcrunch.com/2026/02/20/lucid-motors-slashes-12-of-its-workforce-as-it-seeks-profitability/">Lucid let go</a> of 12 percent of its workforce.</p> <p>In <a href="https://www.sec.gov/Archives/edgar/data/1811210/000162828026044501/lcid-20260622.htm">a filing</a> with the Securities and Exchange Commission, Lucid wrote that the layoffs were "designed to advance the Company’s path toward profitability and positive cash flow generation by streamlining its organizational structure, optimizing operating expenses, and aligning production plans with anticipated demand."</p><p><a href="https://arstechnica.com/cars/2026/06/lucid-lays-off-1500-workers-in-second-big-cut-of-the-year/">Read full article</a></p> <p><a href="https://arstechnica.com/cars/2026/06/lucid-lays-off-1500-workers-in-second-big-cut-of-the-year/#comments">Comments</a></p>
Original Article
View Cached Full Text

Cached at: 06/22/26, 04:35 PM

# Lucid lays off 1,500 workers in second big cut of the year Source: [https://arstechnica.com/cars/2026/06/lucid-lays-off-1500-workers-in-second-big-cut-of-the-year/](https://arstechnica.com/cars/2026/06/lucid-lays-off-1500-workers-in-second-big-cut-of-the-year/) Just three months ago, Lucid Motors showed off[a new midsize electric vehicle platform](https://arstechnica.com/cars/2026/03/lucid-announces-midsize-ev-platform-says-profitability-lies-with-suvs/)that it said would give rise to a number of new vehicles in the coming years\. The Saudi\-backed startup is now selling its[Gravity SUV](https://arstechnica.com/features/2024/12/the-2025-lucid-gravity-impresses-us-with-slick-handling-magic-ride/)alongside the[ever\-improved Air sedan](https://arstechnica.com/features/2026/01/2026-lucid-air-touring-review-this-feels-like-a-complete-car-now/)and plans to reach profitability with smaller and cheaper models sold in higher volumes\. But things are far from rosy at Lucid; today, the automaker is laying off approximately 1,500 workers—18 percent of its workforce\. These aren’t the first layoffs of the year, either; In February,[Lucid let go](https://techcrunch.com/2026/02/20/lucid-motors-slashes-12-of-its-workforce-as-it-seeks-profitability/)of 12 percent of its workforce\. In[a filing](https://www.sec.gov/Archives/edgar/data/1811210/000162828026044501/lcid-20260622.htm)with the Securities and Exchange Commission, Lucid wrote that the layoffs were “designed to advance the Company’s path toward profitability and positive cash flow generation by streamlining its organizational structure, optimizing operating expenses, and aligning production plans with anticipated demand\.” Lucid is also ending the second shift at its factory in Casa Grande, Arizona, and says that together, the measures will save it $158 million, albeit after paying out $32 million in “severance, employee benefits, and employee transition\.” Among those receiving severance will be Marc Winterhoff, Lucid’s COO and previously acting CEO, who took the helm in February after the original CEO, Peter Rawlinson,[abruptly stepped down](https://www.caranddriver.com/news/a63935679/lucid-ceo-peter-rawlinson-steps-down/)\. Lucid named a new CEO—Silvio Napoli—in April, and with Winterhoff’s departure, the company is eliminating the COO role altogether\.

Similar Articles

Elastic lays off 7% of employees

Hacker News Top

Elastic lays off 7% of its workforce as part of a reorganization to adapt to advances in AI and automation, aiming to operate leaner and invest in key growth areas.

Intuit to lay off over 3k employees to refocus on AI

Hacker News Top

Intuit is laying off 17% of its workforce (over 3,000 employees) to redirect resources toward AI integration across its products like TurboTax and QuickBooks, reflecting a broader tech industry trend of restructuring around AI.

Meta lays off more than 2,000 from Menlo Park headquarters

Reddit r/artificial

Meta has laid off more than 2,000 employees from its Menlo Park headquarters as part of a broader 10% workforce reduction affecting 8,000 globally, as the company shifts focus towards artificial intelligence and cuts teams including software engineers and Reality Labs staff.