Photo: Fisker Automotive
While Fisker Automotive is reportedly heading towards bankruptcy protection, the company might still have a future, an anonymous insider at Anaheim said yesterday.
Speaking to PlugInCars, a former Fisker employee with knowledge about the company’s operations claims media reports about Fisker Automotive struggling to remain alive have been exaggerated in order to force the automaker into bankruptcy.
“Why would you buy the company before bankruptcy and pay top dollar, when you can pay bottom dollar for the same stuff,” said the source, hinting at the Chinese-based still companies negotiating to buy Fisker.
The Anaheim-based automaker has laid off about 75% of its 210 employees until now and it’s being accused of breaking the law that requires employers to give employees advance notice of mass layoffs. In addition, they claim they were given no severance pay, other than compensation for unused vacation days.
Furthermore, rumor has it that Fisker Automotive is about to file for Chapter 11 bankruptcy protection as the US Department of Energy is pushing the company to pay back the $200 million in government loans.
“Why would you buy the company before bankruptcy and pay top dollar, when you can pay bottom dollar for the same stuff,” said the source, hinting at the Chinese-based still companies negotiating to buy Fisker.
The Anaheim-based automaker has laid off about 75% of its 210 employees until now and it’s being accused of breaking the law that requires employers to give employees advance notice of mass layoffs. In addition, they claim they were given no severance pay, other than compensation for unused vacation days.
Furthermore, rumor has it that Fisker Automotive is about to file for Chapter 11 bankruptcy protection as the US Department of Energy is pushing the company to pay back the $200 million in government loans.
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