Seeking Alpha

areeshkhan544

areeshkhan544
Send Message
View as an RSS Feed
Latest  |  Highest rated
  • Fisker Automotive, the struggling government-backed hybrid sports car maker, terminates 75% of its staff in what sources said was a last-ditch effort to conserve cash and stave off a potential bankruptcy filing. The company, which raised $1.2B from investors and tapped nearly $200M in government loans, has only around $30M in cash remaining. About 160 workers were fired at a Friday morning meeting at its Anaheim, Calif., headquarters, and were told that the company couldn't afford to give them severance payments. [View news story]
    i think this is a Good decision, This is for those who have a great talent in Motor Sports field can get Good Chance to grow their career Perfectly.
    Apr 8, 2013. 06:20 AM | 1 Like Like |Link to Comment
COMMENTS STATS
1 Comment
1 Like