In an effort to increase profitability in the face of intensifying competition, EV manufacturer Lucid Group said on Monday that it will lay off roughly 18% of its US personnel and that COO Marc Winterhoff has departed the firm. This was the company's second significant managerial move in recent months. The company's shares were down almost 4%, as reported by Reuters . The layoffs reflected the growing pressure on EV manufacturers like Lucid to control expenses as buyers move towards more affordable models and as profitability is impacted by growing competition from both established automakers and recent arrivals. ALSO READ | India's Fragmented Water Governance Raises Fiscal Risks, Warns Moody's The company, which employed over 9,000 people worldwide as of Dec. 31, 2025, stated that hourly factory workers, contractors, and full-time staff will all be impacted by the reduction. Additionally, it eliminated the second shift at its main EV production plant, the AMP-1...
Even as Aditya Dhar's Dhurandhar continues its triumphant box-office run, Sriram Raghavan has made it clear that the blockbuster spy thriller sits firmly outside his own creative comfort zone. Speaking to The Hindu ahead of the release of his next film, Ikkis , Raghavan explained why the Ranveer Singh-starrer, despite being well-crafted, represents a cinematic language he would not personally adopt. Why Dhurandhar's Success Does Not Define His Filmmaking Choices Addressing comparisons between Dhurandhar and the kind of spy films he and his brother Shridhar Raghavan have made in the past, Sriram stressed that it is less about quality and more about worldview. "It is a well-made film with terrific performances, but it is not our kind of film. We must understand that we are living in different times. The earlier James Bond films starring Sean Connery and Roger Moore were fun movies. Later on, Bond films started to get serious. Dhurandhar is one movie. It is doing spe...