Lucid is planning to lay off hundreds of employees, sources tell Insider.Caitlin O'Hara/Reuters Lucid is planning to lay off hundreds of workers, the company told staff Tuesday. The cuts will affect about 18% of the company, according to five sources and a copy of an internal memo seen by Insider. Lucid has been struggling with demand and getting vehicles on the road. Electric-vehicle startup Lucid is planning to lay off hundreds of employees, the company told staff during an all-hands meeting Tuesday, according to five sources familiar with the matter and a copy of an internal memo that was viewed by Insider.