Did You Know...


Taxpayer-backed Fisker lays off 75 percent of workforce; poor sales attributed to global shortage of people named Leonardo DiCaprio

By Doug Powers  •  April 7, 2013 01:44 PM

**Written by Doug Powers

Fisker Automotive, as you might recall, received hundreds of millions of dollars in US taxpayer backed loans on the promise of manufacturing cars at a Delaware plant, and then promptly — assembled the first line of Gore-Mobiles at a factory in Finland.

Cue the inevitable layoffs:

Fisker Automotive, the struggling, government-backed hybrid sports car maker, terminated most of its rank-and-file employees on Friday, in a last-ditch effort to conserve cash and stave off a potential bankruptcy filing, sources said.

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.”

People working two and three jobs to make ends meet must be so happy that their tax dollars were used to subsidize cars for “green” glitterati with guilty consciences while lining the pockets of eco-scammers.

Fisker has also been hit with a lawsuit for violating the WARN Act in its haste to conserve cash:

After losing its driving force, Henrik Fisker, and 75 percent of its employees, Fisker Automotive takes another blow. The fired workers are accusing the automaker of not having notified them in advance, and are calling the company’s action illegal, bringing about a federal lawsuit. Their motivation for pursuing the legal way also probably stems from the fact that aside from being paid for their unused days off, there wasn’t a severance package in sight.

What Fisker is being charged with is, breaking rules set by both the federal WARN Act and California’s own WARN Act (Worker Adjustment and Retraining Notification). The law states that employees need to be notified of impending contract terminations at least 60 days before it actually happens, so as to make the necessary arrangements and not be caught off-guard.

All that remains to be seen now is if the company Karma has enough juice to get Fisker to bankruptcy court.

At some locations you can now pick up a Fisker Karma for the super discounted price of $80,000. The car has a **lifetime warranty.

**The company’s lifetime, not the buyer’s

**Written by Doug Powers

Twitter @ThePowersThatBe

blog comments powered by Disqus

Former NYC mayor with multiple mansions and jets: ‘Crazies’ like Ted Cruz don’t accept climate change reality

November 29, 2015 11:13 AM by Doug Powers


Bloomin’ hypocrite projecting again

Climate change getting so bad the State Dept. has issued a worldwide travel warning

November 24, 2015 09:49 AM by Doug Powers


Way to go, climate deniers!

Bill Nye the Authoritarian Guy: Get toxic climate change deniers ‘out of our discourse’

November 9, 2015 06:44 AM by Doug Powers


Submit, fossil fuel-burning heretics, or the Climate Crusaders will hunt you down in a 747

Sex in the balance: CNN sounds alarm about the latest thing climate change is killing

November 6, 2015 10:19 PM by Doug Powers


If you can’t get a date you can always jump a shark

Climate change crusader Jerry Brown’s hopes of becoming an oil baron dashed

November 5, 2015 10:07 AM by Doug Powers


There will be hypocrisy

Categories: Democrats, Enviro-nitwits, global warming, Politicians

Follow me on Twitter Follow me on Facebook