Nemeski@lemm.ee to Business@lemmy.worldEnglish · 1 year ago

Bay Area carmaker Lucid lays off hundreds of workers after raising $1 billion

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Bay Area carmaker Lucid lays off hundreds of workers after raising $1 billion

Nemeski@lemm.ee to Business@lemmy.worldEnglish · 1 year ago

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Bay Area carmaker lays off hundreds after raising $1 billion

Lucid, Bay Area-based electric vehicle company, is laying off hundreds of employees. Once worth $24 billion, the carmaker has been losing cash.

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