Photo by Tim Stevens for The Verge
Lucid, the EV startup behind the Air sedan that competes with the Tesla Model S, has announced that it’s laying off around 1,300 employees, or 18 percent of its workforce, within the next few months. According to an email from CEO Peter Rawlinson, which was attached to a regulatory filing, the cuts will affect employees and contractors “in nearly every organization and level, including executives.”
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