These layoffs are terrible for Fisker employees but there may be a silver lining to all this. The layoffs may allow FA the ability to pay the first installment (I think 10 million) of the DOE loan on time; this would take a bit of heat off the company and possibly set the stage for the DOE unlocking the rest of the loan (wishful thinking but a better chance than defaulting or going BK), finding a partner etc. Its a tough decision but FA has not manufactured a vehicle for a long time and it really does not make sense to have a bunch of employees on staff that are sitting idle. With the Atlantic being 90% complete there is really nothing much that FA can do but keep costs down, try to get a cash infusion and try to improve public perception (by paying the first installment to the DOE on time). We will see how this turns out but I think that these layoffs had more to do with paying the DOE loan on time than an impeding default and/or bk.