In what will not come as much of a surprise to those following Anaheim-based electric car maker Fisker Automotive, the firm has laid off 160 employees--or most of its staff--as it has so far failed to find a financing partner or acquirer to keep the company in operation. Fisker had already furloughed its workers last month for a week to extend its runway. Fisker--which has raised over $1.2 billion from its investors--has been struggling for the last year to right its operation, including the loss of its battery supplier, A123 systems, multiple recalls, and even Hurricane Sandy.
Top NewsFriday, April 5, 2013
Fisker Automotive Lays Off 160