Lucid Motors recently announced a workforce reduction of 12% in an effort to enhance operational efficiency and optimize resources towards profitability. The internal memo, obtained by JS, stated that the hourly workers in manufacturing, logistics, and quality teams will not be affected by the layoffs. While the exact number of employees impacted is unknown, it is estimated to be in the hundreds, considering the company had 6,800 full-time employees globally as of the end of 2024.
Interim CEO Marc Winterhoff expressed gratitude for the contributions of the affected employees and assured that severance, bonuses, continued health benefits, and transition support will be provided to assist them during this period. The company’s focus remains on ramping up production and deliveries of its Gravity SUV, despite initial challenges. Lucid Motors managed to double its output in 2025 and is gearing up for the launch of a more affordable mid-size EV priced at around $50,000 later this year. Additionally, collaborations with Uber and autonomous vehicle company Nuro for a robotaxi service in San Francisco are in the works.
Winterhoff emphasized that the recent layoffs do not alter the company’s strategy, with a continued focus on the start of production of the Midsize platform, expansion into the robotaxi market, ADAS and software development, and sales growth of Lucid Gravity and Air models across various regions. It is noted that Lucid Motors has been without a permanent CEO for almost a year since Peter Rawlinson’s resignation in February 2025. The company has witnessed executive turnover, including legal disputes with former employees.
In other news, Lucid Motors is scheduled to release its financial results for 2025 next week. Stay tuned for updates on the company’s progress and future endeavors.
