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Lotus Boss Proposes Layoffs In Global Restructuring

Group Lotus, which encompasses Lotus Cars, Lotus Engineering and Lotus Motorsport, could soon lose more than a quarter of its global workforce. The losses, which could total up to 325 of its 1215 global staff, form part of a restructuring plan proposed


Group Lotus, which encompasses Lotus Cars, Lotus Engineering and Lotus Motorsport, could soon lose more than a quarter of its global workforce.

The losses, which could total up to 325 of its 1215 global staff, form part of a restructuring plan proposed in a push for profitability under new parent DRB-HICOM.

It is unclear which sector of the company will be most heavily impacted by the expected cuts, although a significant 1032 of its staff are based at its Norfolk facilities in the UK.

Group Lotus CEO Jean-Marc Gales, the former boss of PSA Peugeot Citroen, said in a statement today that the company “understands the concerns that this proposal will create”.

“We deeply regret the potential impact any reshaping of the business may have on our employees and their families.”

“We have worked very hard to avoid the need to make the proposal, but do believe that it is now essential. It is in no way a reflection on our employees who have shown nothing but dedication to us and have worked tirelessly to support Lotus.”

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