The turmoil at Lotus continues as the company has announced a major restructuring which could see the elimination of up to 325 jobs.

The turmoil at Lotus continues as the company has announced a major restructuring which could see the elimination of up to 325 jobs.

Details are limited but the plan calls for Lotus to "build a strong" and "sustainable future" but having the "right number of people with the right skills." Unfortunately, that means nearly a nearly a quarter of their workforce could be left go but Lotus hopes to "retain specific skills and knowledge within the business."

In a statement, Lotus CEO Jean-Marc Gales said "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." The executive went on to say "We deeply regret the potential impact any reshaping of the business may have on our employees and their families."

When the restructuring is complete, Gales says Lotus will be a "leaner, more competitive organization, focusing on both producing class-leading sports cars and innovative engineering. We will also build upon the improved sales results seen over the last few months."

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Lotus restructuring could see a a quarter of their workforce being let go