Lucid Motors Lays Off 18% of Workforce Under New CEO
TL;DR
- Lucid Motors is cutting 18% of its staff, affecting about 1,500 employees.
- The company also removed a production shift at its Arizona facility.
- Chief Operating Officer Marc Winterhoff has departed the company.
Electric vehicle maker Lucid Motors announced a reduction of 18% of its workforce, totaling roughly 1,500 employees. According to the company, the measures are intended to streamline operations and enhance long-term competitiveness under the direction of its new CEO, Silvio Napoli.
As part of the restructuring, a production shift at the manufacturing facility in Casa Grande, Arizona, was eliminated to match output with expected demand. The company also eliminated the chief operating officer position, and former interim CEO Marc Winterhoff has exited the organization.
The workforce reduction impacts full-time staff, hourly workers, and contractors. Lucid Motors anticipates the restructuring will wrap up by the third quarter of the year, resulting in significant annualized savings.
Why It Matters
The broader electric vehicle market in the United States has experienced a cooling period, leading automakers to adjust their product plans and workforce levels accordingly.
Jun 22, 2026 · Updated 10/28/2026, 10:38:58 PM · Reported with: TechCrunch Layoffs
Sources (1)
NRI Bytes writes its own articles from the reporting below.
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