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Iconic British Car Brand Plunges into Crisis: £195M Losses & Hundreds of Jobs Axed

Published 6 days ago1 minute read
Iconic British Car Brand Plunges into Crisis: £195M Losses & Hundreds of Jobs Axed

Britain's renowned sportscar manufacturer, Lotus, is undergoing a significant restructuring, leading to the axing of more than 500 jobs from its UK headquarters in Hethel, near Wymondham, Norfolk. This decision, impacting approximately half of the factory's 1,300-strong workforce, is largely attributed to

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