Electric-vehicle startup Fisker kicked off fresh round of layoffs – Times of India ...Middle East

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Electric-vehicle startup Fisker kicked off fresh round of layoffs – Times of India
Fisker, the electric vehicle startup, is facing continued challenges as it reportedly initiated another round of layoffs this week. According to a report by Business Insider, the ev startup has laid off employess in a fresh round of layoffs. This latest round of layoffs follows previous workforce reductions in February and April, marking a significant downsizing for the company.Sources close to the matter report the cuts affected various departments, including IT, Purchasing, and Customer Relations. The total number of employees impacted remains unclear.Challenges at FiskerThe layoffs highlight the precarious situation Fisker finds itself in.

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