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Motor1
Motor1
Business
Anthony Alaniz

FORGOTTEN HISTORY: Lotus just laid off 200 people - Caught on Camera

Things weren’t looking great for Lotus earlier this year when it announced a net loss of $202 million in the second quarter of 2024. The company’s sales are up this year, but that’s not translating into tangible profits at home. Now, the company is preparing to lay off up to 200 employees in the United Kingdom.

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