FREDERIC J. BROWN
- Fisker has filed for bankruptcy, following its warnings of potential business failure.
- The company initiated a series of layoffs over the past few months.
- Fisker is one of several companies to face headwinds from an EV sales slowdown.
Fisker filed for Chapter 11 bankruptcy protections on Monday, marking a brutal blow to the startup that was once worth as much as $8 billion.