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A San Jose solar company announced plans Wednesday to cut 2,500 jobs, including about 200 in California, as part of an effort to restructure operations and reduce expenses.
San Jose-based SunPower, a solar energy and installation company, had previously revealed it would slash 1,000 jobs worldwide as part of the winding down of its residential direct sales business.
Sunpower to cut 1,000 jobs, admits misstatements in financial results for 2022 By Simon Yuen April 24, 2024 Markets & Finance, Companies, Financial & Legal ...
June 15 (Reuters) - SunPower Corp said it expects to eliminate about 85 positions, or 2 percent of its workforce, and consolidate or close certain facilities in Europe, hurt by cuts in Italian ...
In 2023, earnings were delayed over a revision. In January, SunPower said it would restructure its operations to make them more cost-effective after it was forced to scramble to raise extra cash.
SunPower announces restructuring plan to reduce costs, including cutting 1,000 jobs and closing sales locations.
US solar firm SunPower is to cut up to 160 jobs as part of a restructuring plan following the spin off of its manufacturing operations.
SunPower Corp. is following through with a planned restructuring effort that will reduce its workforce by 25 percent to cut costs after solar prices plunged in an oversupplied market.
SunPower, a once high-flying pioneer of the solar energy industry, has notified state government officials of the company's decision to slash hundreds of Bay Area jobs.
SunPower (NASDAQ:SPWR) layoffs have the have the solar technology and energy services company cutting 1,000 jobs to reduce operating costs. SunPower notes that these layoffs will result in charges ...
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