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Fisker Lays Off Most Workers, Plans To Shop Around Remaining Assets
After being saddled with a half-billion dollars in loans from the U.S. Department of Energy, electric car manufacturer Fisker just can't catch a break. It's not just the cars; it's the company itself. From a Reuters report: "In a statement, Fisker confirmed that it let go about 75 percent of its workforce. The automaker said it was 'a necessary strategic step in our efforts to maximize the value of Fisker's core assets.' A Fisker representative could not immediately answer questions on the company's financial position. In the past, the automaker has declined to comment on the possibility of bankruptcy. ... About 160 employees were terminated at a Friday morning meeting at Fisker's Anaheim, California, headquarters, according to a second source who attended the meeting. They were told that the company could not afford to give them severance payments."
article is not about the scissors company Fiskars
Snowden and Manning are heroes.
It's just another taxpayer rip-off
It's worse than that. Because it was done entirely to buy votes. It was done so that Obama could stand with his teleprompters on a factory floor of yet another (soon to fail) company and proclaim what a visionary he is in advance of an election. So glad I could help pay for that, for him.
Don't disappoint your bird dog. Go to the range.