Obama-backed green automaker lays off most staff in 'strategic' step - The Hill's E2-Wire

http://thehill.com/blogs/e2-wire/e2-wire/292149-obama-backed-electric-automaker-lays-off-most-staff-
Fisker Automotive, a federally backed maker of plug-in hybrid cars, laid off 75 percent of its workers Friday as it struggles to stay afloat and find new capital, according to press accounts.