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Fisker is laying off 15% of staff and says it needs more cash ahead of a ‘difficult year’
Fisker is preparing investors for a "difficult year" where it will lay off around 15% of its workforce and try to raise more money.
“[W]e have put a plan in place to streamline the company as we prepare for another difficult year,” founder and CEO Henrik Fisker said in a statement. It also claims it is “in negotiations with a large automaker for a potential transaction which could include an investment in Fisker, joint development of one or more electric vehicle platforms, and North America manufacturing.” The company’s financial struggles come as it is trying to move to a wholesale model built around partnerships with dealers, a shift that Fisker says has “negatively impacted” its sales so far.
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