"I know what this means to people, I know how this feels, this is a punch in the stomach for every single person that has just heard this news,"
"Behind every single one of those numbers is a family... we are going to be looking at people who are thinking 'Oh heck, what is going to happen? I am one pay cheque away from paying the mortgage, or my rent, or Christmas is coming up at the end of the year'."
"We believe this is necessary in order to secure a sustainable future for the company in today's rapidly evolving automotive environment."
"It does raise a big question about the future of Hethel and whether this is death by a thousand cuts given we have seen job losses earlier this year or if it really puts Hethel production on a sustainable basis,"
Lotus Cars announced plans to cut 550 jobs at its Hethel headquarters near Wymondham, Norfolk, reducing the UK workforce by more than a third. The company stated the reduction followed a review of business objectives in response to current market conditions and argued the move is necessary to secure a sustainable future in a rapidly evolving automotive environment. The factory will remain the home of sports car production and engineering consulting operations. Local MP Ben Goldsborough pledged to help find new jobs for affected employees and emphasized the personal and financial impact on families. An academic warned the cuts raise questions about Hethel's long-term future.
Read at www.bbc.com
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