Lucid Motors to Cut 18 Percent of Workforce After Recent 12 Percent Reduction

Lucid Motors said Monday it is laying off 18 percent of its workforce, or around 1,500 employees. The electric vehicle maker also eliminated the second shift of production at its factory in Casa Grande, Arizona. The cuts form part of a restructuring led by new CEO Silvio Napoli to simplify the company and sharpen execution.

Marc Winterhoff, who served as interim CEO for more than a year, has left the company, and Lucid eliminated the chief operating officer position entirely. Lucid reported 9,000 employees globally at the end of 2025 before the February reduction of 12 percent. The latest round affects full-time employees, contractors, and hourly production workers.

The company expects annualized savings of around $158 million and will pay approximately $32 million in severance. The restructuring is scheduled to finish by the third quarter of this year. Winterhoff will receive severance, certain security support, and keep his company vehicle.

Lucid is preparing to release its first mass-market vehicle later this year, the Lucid Cosmos SUV priced under $50,000. It is also partnering with Uber and Nuro on a luxury robotaxi service planned for launch in San Francisco. More than a dozen top executives have departed over the last two years.

Longtime CEO Peter Rawlinson resigned in February 2025. Chief Engineer Eric Bach was let go in late 2025 and filed a wrongful termination lawsuit that has been stayed pending arbitration. Emad Dlala resigned earlier this month after a recent promotion to a senior role.