Lotus in trouble?

[Easternlight]

Heard a rumour in the engineering community in Norfolk that Lotus are laying people off!
Thought they were doing well?

[ruggedscotty]

Easternlight said:

Heard a rumour in the engineering community in Norfolk that Lotus are laying people off!
Thought they were doing well?

back in july they binned 200.....

[Sebring440]

You should move this to "Motoring News" — you may get more of a response there.

[Equus]

Sebring440 said:

You should move this to "Motoring News" — you may get more of a response there.

Trouble is, it's not really news: Lotus is always either hiring or firing. It's just the way they've always been.

[Europa Jon]

ruggedscotty said:

Easternlight said:

Heard a rumour in the engineering community in Norfolk that Lotus are laying people off!
Thought they were doing well?

back in july they binned 200.....

No they didn't! It was less than half of that, and bearing in mind what Geely have put into them, they're unlikely to see the venture fail.

[Milkyway]

Trouble is their middle name.

[rjfp1962]

Milkyway said:

Trouble is their middle name.

Very good!

[B'stard Child]

Milkyway said:

Trouble is their middle name.

[BertBert]

Europa Jon said:

No they didn't! It was less than half of that, and bearing in mind what Geely have put into them, they're unlikely to see the venture fail.

We (deposit holders) hope so!

[Puddenchucker]

More redundancies:

https://www.edp24.co.uk/news/24029628.lotus-group-...

[Monkey boy 1]

30 permanent places and an unknown number of ' Contracted' staff
No idea how many contracted staff work there now.
It doesn't look good, but somehow Lotus still manage to battle through.

[DMZ]

Maybe lucky for proper Lotus that they’re not involved in the EV end of things as I suspect that part of the business is doing much worse. At least there is a bit of buzz around the Emira.