Lucid announced a 12 percent global workforce reduction on February 20, 2026, roughly 800 jobs. The clearest paper trail is a California WARN notice for 319 eliminations at the Newark headquarters on Gateway Boulevard, effective April 21. About 140 of those were software and hardware engineers. Hourly workers at the Arizona plant were not touched. It was the third straight year Lucid filed layoff notices at that same Newark address, after 123 cuts in 2023 and 258 in 2024.
On June 22 Lucid said it would cut about 18 percent of its workforce, roughly 1,500 jobs, the second major round of the year. New chief executive Silvio Napoli framed it as a move to simplify the company and sharpen execution. Lucid eliminated the entire second production shift at its Casa Grande, Arizona factory and said it is aligning production with anticipated demand, a sign orders are not keeping pace.
Chief operating officer Marc Winterhoff is leaving and the COO role is being eliminated. Lucid expects to pay about $32 million in severance for roughly $158 million in annualized savings.
Lucid reported 2025 results showing $1.35 billion in sales against a $2.7 billion net loss, with negative $3.8 billion in free cash flow. The Saudi Public Investment Fund remains its largest backer and has repeatedly added capital to keep the company funded. Counting both 2026 waves, the tracker logs about 1,819 jobs cut at Lucid this year. The company is now shrinking headcount and factory output at the same time.
The tracker lists the two 2026 rounds as separate entries, 319 in April and 1,500 in June, dated to each announcement.