February 29, 2024 — Fisker announced its plan to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months. The company says it is trying to find a way to raise that money as it works through a pivot from direct sales to a dealership model.
Fisker laid off 15% of staff
From the Storyline: The fall of EV startup Fisker
Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led…
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