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DeepNewz, mobile.
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Electric vehicle startup Fisker is initiating another round of layoffs to conserve cash and preserve capital, as indicated in an internal email. This decision follows a prior warning to investors about impending bankruptcy and the need for cost-cutting measures.
Wait - Fisker isn't already bankrupt? I am not kidding. https://t.co/yN2etFhrM8
Read the email Fisker sent to staff warning of layoffs if the company can't correct course https://t.co/mxdX9gsshZ
Money has run out. If you weren't profitable, your time is up. Fisker warning it could go BK. Fisker warns staff they could be laid off and its facility could be closed to workers in 2 months https://t.co/CVFywemuKU
