Sorry op, hope you will not be impacted
Internal memo?
Yes, my friend in Lucid get the same news in the morning. The name list will be announced on Friday
any work which departments are impacted?
CEO announced the news in today morning's company all hands. all layoff notices will be sent before the end of the week
Lots of new hiree Given relocation and sign on. If impacted will those be waived?
Review your agreement for the bonuses. Usually it says you have to either quit or be terminated for cause in order to have to pay it back.
Is it just US or Global?
Doesn’t matter. Most in US
I am asking since my relative work for Lucid Motors in a Gulf country.
thats rough guys. hang in there. stay strong
Wow, they were just giving out offers to people I know like 2 weeks ago…
Not all roles are created equal. You can layoff the internal communications guy or a low-performing project manager while simultaneously hiring SWEs for mission-critical stuff.
Shit 18%. How do they plan to ramp up with that many layoffs? I recognize probably the plant won’t be impacted but 1 in 5 employees will for sure impact the production line indirectly
Why ramp up ? No one buying lol
Ramp up production will help economies of scale and can help them reduce prices in the long run, are they betting on the company or against? But agreed I see way more rivians than lucid, in fact I’ve seen just a couple lucids in my life and I see a rivian pretty much every day.
Thanks, Biden.
How is that related to Biden? Check the company reviews
should I also check meta, google, twitter, salesforce, Intel, Waymo, Indeed, Amazon, Tesla (didn't your boss blame the economy for layoff?), etc etc..? If it's one or two, sure thing.. But all these? Yeah it's not related when it's Biden being POTUS. Then wtf does he do as POTUS? nominating woke people for leadership position? https://www.pbs.org/newshour/politics/bidens-nominee-for-faa-chief-withdraws-amid-dubious-senate-support
Whats the severance looking like?
That's a crazy high percentage. I don't know how you can lay off that many people and still have a functioning company.
Heh Elon would like a word
It’s different in manufacturing. Especially when they are trying to ramp up design and production !!! It’s not like Twitter. Ask Elon about Tesla manufacturing and you’ll know.