Nearly a thousand Arizonans will be losing their jobs at Lucid, an electric car manufacturer, the company announced in a letter from its CEO on March 28. 'I know this is not easy as these actions create uncertainty.'
BARCELONA, SPAIN - MARCH 11: The Lucid Air, the longest range, fastest charging luxury electric car by Lucid Motors, an American electric vehicle company, exhibited during the Mobile World Congress 2023 on March 11, 2023, in Barcelona, Spain. (PhotoNearly a thousand Arizonans will be losing their jobs at Lucid, an electric car manufacturer, the company"I announced the difficult decision to reduce our workforce at Lucid.
The employees will be offered a severance package "that includes access to career resources, Lucid-paid healthcare coverage continuation, and acceleration of equity to help as much as possible with the transition." Departments from all levels of Lucid will see reductions, and that includes some of the top decision makers.
"I know this is not easy as these actions create uncertainty. This week and the weeks ahead will be about processing change as we show empathy for colleagues who are departing and as we come together on our path forward. These decisions are designed to position us to be more resilient and agile, thereby strengthening the company for the long-term," Rawlinson said.
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