Electrical car startup Fisker faces continued challenges because it reportedly initiated a brand new spherical of layoffs this week.
In response to a report by Enterprise Insider, the ev startup has fired feminine staff in a brand new spherical of layoffs. This newest spherical of layoffs follows earlier job cuts in February and April, marking a major downsizing for the corporate. Sources near the matter report that the cuts have affected numerous departments, together with IT, Procurement and Buyer Relations. The whole variety of staff affected stays unclear.
Challenges at Fisker
The layoffs spotlight the precarious state of affairs by which Fisker finds itself. The corporate has but to ship a single automotive to clients and faces an unsure future. Listed here are the primary challenges the corporate faces:
Funding difficulties: Securing adequate funding seems to be a significant impediment. Discussions with potential traders could not yield the specified outcomes, inflicting workforce reductions to preserve sources.
Manufacturing on maintain: Fisker's manufacturing companion Magna has halted manufacturing of the Ocean SUV for unspecified causes. This delay throws a wrench into Fisker's unique supply timeline.
Change in gross sales technique: In an effort to generate income, Fisker is transitioning from direct gross sales to a supplier partnership mannequin. This might alienate early bookers who have been anticipating a extra direct shopping for expertise.
The corporate's CEO, Henrik Fisker, would have held discussions with different automotive producers on this regard.
In response to a report by Enterprise Insider, the ev startup has fired feminine staff in a brand new spherical of layoffs. This newest spherical of layoffs follows earlier job cuts in February and April, marking a major downsizing for the corporate. Sources near the matter report that the cuts have affected numerous departments, together with IT, Procurement and Buyer Relations. The whole variety of staff affected stays unclear.
Challenges at Fisker
The layoffs spotlight the precarious state of affairs by which Fisker finds itself. The corporate has but to ship a single automotive to clients and faces an unsure future. Listed here are the primary challenges the corporate faces:
Funding difficulties: Securing adequate funding seems to be a significant impediment. Discussions with potential traders could not yield the specified outcomes, inflicting workforce reductions to preserve sources.
Manufacturing on maintain: Fisker's manufacturing companion Magna has halted manufacturing of the Ocean SUV for unspecified causes. This delay throws a wrench into Fisker's unique supply timeline.
Change in gross sales technique: In an effort to generate income, Fisker is transitioning from direct gross sales to a supplier partnership mannequin. This might alienate early bookers who have been anticipating a extra direct shopping for expertise.
The corporate's CEO, Henrik Fisker, would have held discussions with different automotive producers on this regard.