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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 ...
According to the report, Lucid CEO Peter Rawlinson announced the layoffs, saying that the company needed to do so in order to cut costs as the EV startup struggles to get cars on the road and ...
WASHINGTON, April 21 (Reuters) - A top U.S. bank regulator told staff on Monday that it plans to cut its workforce by roughly ... Expansion says 6:32 AM UTC U.S. soybean exports may drop 20% ...
Stem (NYSE:STEM) +4.5% in early trading Monday after disclosing plans to reduce its global full-time workforce by 27% ... GAAP pre-tax charge in Q2 of $6M-$6.5M, mostly related to severance ...
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