Fisker Cuts Workforce Again to ‘Preserve Cash’

Fisker Inc., an electric vehicle startup, has initiated another round of layoffs in an effort to conserve cash amidst financial strains. This decision comes just one week after the company informed investors of the need for workforce reductions to prevent bankruptcy. According to an internal email from Founder and CEO Henrik Fisker, the company is … Continue reading Fisker Cuts Workforce Again to ‘Preserve Cash’