Fisker Lays Off Majority of Work Force

Fisker Lays Off Majority of Work Force

It sounds like American startup automaker Fisker is near extinction, as it is being reported that the company has laid off as many as 160 workers. 

The laid off employees were seen leaving Fisker’s head office this morning, many carrying their belongings. More than one of the employees confirmed to Automotive News that they had been laid off, effective as of 8am on April 5, 2013. The employees were given compensation for untaken vacation days, but no extra severance pay.

Fisker will retain about 53 senior employees to help the company find buyers for its remaining assets. The company is fast approaching a late-April deadline to repay a loan to the U.S. Department of Energy for some of the $193 million it borrowed.

SEE ALSO: Henrik Fisker Quits Company that Bears His Name

In March, the founder and executive chairman of Fisker Automotive, Henrik Fisker, announced that he was leaving the company, citing major disagreements with “the Fisker Automotive executive management on the business strategy.” Fisker has also reportedly recruited a law firm, in preparation for bankruptcy filing.

SEE ALSO: The rise and demise of Fisker

There has been interest in the company from several Chinese companies, but none of the deals have come to fruition. A Fisker spokesman did tell Automotive News that there is still one interested party.

[Source: Automotive News]

  • Series hybrid=fail for long range MPG. And, somehow it only gets 50MPGe if you always plug it in. Makes no sense. It doesn’t weigh that much more than a 85KWH Model S that gets 89MPGe

    Glad it’s dying.