April 29, 2024 — Fisker laid off more employees to “preserve cash,” making good on a plan announced one week before, according to an internal email viewed by TechCrunch. Fisker expects to seek bankruptcy protection within the next 30 days if it can’t come up with that money, according to a U.S. Securities and Exchange Commission regulatory filing.
New round of layoffs to ‘preserve cash’
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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