Lucid (LCID) is cutting 12% of its US workforce ahead of its $50,000 midsize EV
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Summary
<div class="feat-image"><img src="https://electrek.co/wp-content/uploads/sites/3/2026/02/Lucid-cuts-12-workforce-1.jpeg?quality=82&strip=all&w=1400" /></div><p><a href="https://electrek.co/guides/lucid-motors/">Lucid Motors</a> (LCID) announced plans on Friday to trim 12% of its US workforce as it looks to improve profitability ahead of its next growth stage.</p> <a class="more-link" href="https://electrek.co/2026/02/20/lucid-lcid-cuts-12-us-workforce-50000-ev/#more-456546">more…</a>
<div class="feat-image"><img src="https://electrek.co/wp-content/uploads/sites/3/2026/02/Lucid-cuts-12-workforce-1.jpeg?quality=82&strip=all&w=1400" /></div><p><a href="https://electrek.co/guides/lucid-motors/">Lucid Motors</a> (LCID) announced plans on Friday to trim 12% of its US workforce as it looks to improve profitability ahead of its next growth stage.</p>
<a class="more-link" href="https://electrek.co/2026/02/20/lucid-lcid-cuts-12-us-workforce-50000-ev/#more-456546">more…</a>