As Fisker Stock Struggles to Survive, Company Cuts Hundreds of Staff in Virtual Meeting

In a clear last-ditch effort to remain afloat, Fisker (OTCMKTS:FSRN) is significantly reducing its workforce. The struggling electric vehicle (EV) startup just informed hundreds of workers that their jobs have been eliminated as of Wednesday, May 29. Impacted staff members were part of many different teams, including design, content and social media. This is by no means the first round of layoffs that Fisker has announced this year — it's actually the third month in a row that Fisker has opted for job cuts. ...