More than the previous several months, Fisker Automotive Inc. has been contemplating strategic choices that would enable the Business function by means of its current fiscal issues.
All through this method our main purpose has been to optimize the core worth of the Fisker technology and the business that we have created.
Our efforts to safe a strategic alliance or partnership are continuing in earnest, but however we have arrived at a stage the place a important reduction in our workforce has turn out to be necessary.
These days, Fisker achieved with a group of staff in our Southern California workplace to inform them that this is their last working day with the organization. Yesterday, we met with a main team of staff in Southern California to specific our desire that they stay with the firm while we proceed to address the challenges ahead of us. We expect that at the stop of the working day we wi ll have retained approximately 25 per cent of our workforce.
The Firm regrets getting to terminate any of its hardworking and proficient people. But this was a essential strategic step in our initiatives to optimize the value of Fisker's main property.
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