The electric vehicle startup Fisker has recently initiated another round of layoffs, according to sources close to the company. This news follows a series of staff cuts carried out by Fisker in recent months, including the announcement in February that the CEO planned to reduce the workforce by 15%. Most recently, layoff notices were sent out on April 29th.
The objective of these cuts is to eventually scale down the staff to a bare minimum of “mission critical” employees, as stated by an inside source at Fisker. While the exact number of employees affected by the latest round of layoffs remains unclear, a spokesperson for the company declined to provide further details.
Fisker has been vocal about the risk of potential closure within the next year due to financial difficulties. As part of the Worker Adjustment and Retraining Notification Act, notices were sent to employees outlining potential layoffs in the coming months if a buyer or additional funding is not secured. The company has been exploring buyout discussions with several automakers, with CEO Henrik Fisker expressing hope for a positive outcome in the near future.
In March, it was reported that Fisker had delivered over 6,000 all-electric Fisker Ocean SUVs since its launch. However, despite initially securing around 65,000 reservations for the vehicle’s US launch in June, challenges have arisen due to negative reviews and cancellations. As a result, Fisker continues to communicate with potential buyers and investors in order to safeguard its future. If you have any information regarding Fisker or inside details you would like to share, please contact gkay@insider.com via a personal email.
