“Lucid Group (LCID) Cuts 18% Of U.S. Jobs As COO Exits And Lawsuits Loom”
July 13, 2026
“…Lucid Group (NasdaqGS:LCID) is cutting about 18% of its U.S. workforce and eliminating certain production shifts.
The company is removing the chief operating officer role as part of a broader restructuring of its leadership structure.
These changes come alongside class action lawsuits from shareholders alleging issues with supply chain quality and disclosure of delivery capabilities…”
https://finance.yahoo.com/markets/stocks/articles/lucid-group-lcid-cuts-18-061357153.html