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Lucid Group Is Cutting 6% of Its Workforce. The Stock Is Down.Lucid Group unveiled a restructuring plan that involves job cuts, sending the stock higher. The electric-vehicle company is trimming its workforce by about 400 employees, or 6%, according to a ...
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Lucid Stock Gains 3% Premarket After EV Maker Announces 6% Workforce Reduction, Cutting 400 Jobs To Lower CostsThe shares of Lucid Group (NASDAQ:LCID) gained 3% in pre-market trading after the California-based EV maker said on Friday that it is laying off about 6% of its workforce or 400 employees to ...
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