Remember Fisker Automotive? The company that used stimulus dollars to open up manufacturing in Finland? And they justify this as a way of creating jobs in America if it is successful. Meanwhile, the bulk of the jobs are created overseas.
But now a new report shows that Fisker is announcing layoffs here in the United States. 26 employees in Wilmington, Delaware and 40 in Anaheim, California will be losing their job.
Accompanying the layoffs was an announcement that Fisker has approached the Department of Energy about revising the targets it had to meet in order to continue drawing money from the federal loan. Whether the Energy Department agrees to alter the terms, and invest more taxpayer in the Fisker venture remains unclear. Critics of the Obama administration told ABC News they worried that Fisker was at risk of becoming the next Solyndra — a reference to the now-bankrupt solar panel firm that received support from a government loan program.
Department of Energy officials said they understand that Fisker has experienced production delays, but said they are not uncommon for a new company. And the department remains hopeful about the company’s future, in part because it has successfully raised more than $650 million in private sector investment to support its ongoing operations.