https://it-news.uk/tags/cosmos-suv/ Recent content in Cosmos-SUV on IT News Hugo en-us Mon, 22 Jun 2026 00:00:00 +0800 https://it-news.uk/posts/lucid-layoffs-18-percent-2026/ Mon, 22 Jun 2026 00:00:00 +0800 https://it-news.uk/posts/lucid-layoffs-18-percent-2026/ <p>Lucid Motors announced Monday that it will lay off approximately 18% of its workforce — roughly 1,500 employees — as new CEO Silvio Napoli moves aggressively to restructure the troubled electric vehicle startup. The cuts come just four months after a previous round eliminated 12% of staff, underscoring the depth of the financial and operational reset underway at one of America&rsquo;s most closely watched EV manufacturers.</p>