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flag Lotus plans to lay off up to 550 employees in the UK to adapt to market changes.

flag Lotus, a British sports car manufacturer based in Norfolk, plans to lay off up to 550 employees as part of a restructuring to adapt to market changes and global policy uncertainties. flag The company, owned by China's Geely, remains committed to the UK and aims to explore new growth opportunities, including third-party manufacturing, to diversify its operations. flag Despite the job cuts, the factory in Hethel is not closing, and the company is working with local authorities to support affected workers.

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