By: Forbes Real Time
April 05, 2013 at 12:55 PM EDT
With Frozen DoE Loan Payment Looming, Electric Automaker Fisker Lays Off Workforce: Reports
Less than a month after the sudden departure of its founder and chairman, Fisker Automotive has reportedly laid off the majority of its rank-and-file employees, retaining top management to pursue a sale of its remaining assets. Fisker had seen an important loan by the Department of Energy frozen after failing to meet certain targets, and had been in strategic talks with other automakers, including some from China.
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