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What will be Fisker's next major corporate action by end of 2024?
5
Resolution / Starting Odds
Layoffs • 25%
Securing funding • 25%
Buyout • 25%
Bankruptcy • 25%
Public announcements, SEC filings, or reputable financial news outlets
Story
Fisker Cuts Hundreds of Workers Amid Financial Struggles
May 29, 2024, 10:23 PM
Electric vehicle startup Fisker has implemented a new round of layoffs, cutting hundreds of workers across several teams. The layoffs, which were announced by CEO Henrik Fisker during an all-hands meeting on Wednesday morning, come as the company struggles to stay afloat. Fisker is reportedly on the verge of running out of cash and is exploring options such as securing additional funding, a potential buyout, or preparing for bankruptcy. Multiple employees confirmed they had abruptly lost access to the company’s email earlier in the day. The exact percentage of the workforce affected by the layoffs is not known. The news was reported by TechCrunch.
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Launch of an improved AEB system • 33%
Increase in vehicle safety tests • 33%
Partnership with a tech company for better AEB technology • 34%
Further layoffs • 33%
Sale of a business unit • 33%
Acquisition of a smaller competitor • 34%
New disclosure rules • 25%
Increased enforcement actions • 25%
Revised compliance guidelines • 25%
Introduction of new transparency measures • 25%
No Action Necessary • 25%
Recommendation for Modification • 25%
Mandatory Recall • 25%
Fine Imposed on Fisker • 25%
Increase stake in current holdings • 33%
Reduce stake in other major holdings • 33%
Invest in new sectors • 34%
Yes • 50%
No • 50%
New CEO Appointed • 33%
Rebranding Announced • 33%
Major Restructuring • 34%
