Fisker Layoffs
April 2024
Fisker announced a layoff affecting 0 employees in April 2024. The company operates in the Transportation sector.
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Apr 29, 2024
About
EV startup Fisker Inc. initiated a new round of layoffs on April 29, 2024, to preserve cash as it faces impending bankruptcy. The exact number of employees affected is unclear, but the company had 1,135 staff as of April 19, following a previous 15% reduction in February. Founder and CEO Henrik Fisker stated the cuts are necessary to explore options like potential transactions or buyers, while the company reported having only $54 million in cash. This move highlights the ongoing financial struggles within the electric vehicle industry.
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