Lucid Motors, the Bay Area electric vehicle maker that recently tapped actor Timothée Chalamet for a global brand campaign, is laying off hundreds of local employees as it battles mounting losses.
The company will cut 319 workers starting April 21 at its headquarters in Newark in the East Bay, according to a filing with California’s Employment Development Department. The notice indicates the layoffs would be permanent.
Lucid did not immediately specify which positions would be eliminated…