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Lucid Layoffs: EV Maker Trims 18% Of US Workforce; COO Marc Winterhoff Departs

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...
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Iran Sends Its Cheap And Best 'Shahed' Drones At Expensive Targets

  1. The Shahed drone's biggest strength is that it is very cheap to build and deploy, but gives the effect of a much more powerful weapon than its size. Others may be forced to expend their pricey anti-drone missiles, making interception of the Shahed drones a costly affair.
  2. Most weaponised drones have range and weight limitations. The Shahed works around these by acting as a drone and a cruise missile rolled into one. The Shahed-136, for example, can reach a maximum of 2,500 km.
  3. Iran has been able to launch the Shahed drones from deep within its territory, far away from any prying eyes. This has ensured their survivability and unpredictableness. Its payload capability is also good, at par with its range strength.
  4. The Shahed drones fly at very low altitude, powered by a basic piston propulsion system. When these qualities are combined with its small radar signature, they are hard to detect in areas where the terrain is uneven.
  5. Some have called the Shahed drones' engine noise the "scream of death". Civilians have reported hearing the road of the engines just before they struck their targets. This sound adds to psychological fear of the common people and enemy forces.


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