SolarEdge has announced a company restructuring plan that includes an approximate 16% workforce reduction, or around 900 employees.
Designed to align its cost structure to current market dynamics, other cost reduction efforts include discontinuing manufacturing in Mexico, manufacturing reductions in China and termination of the company’s light commercial vehicle e-mobility activity.
“We have made a very difficult, but necessary decision to implement a workforce reduction and other cost-cutting measures in order to align our cost structure with the rapidly changing market dynamics,” says SolarEdge CEO Zvi Lando.
“We are making every effort to treat our departing colleagues with respect and gratitude for their contributions and support them in their transition. We remain confident in the long-term growth of the solar energy market and our leading position in the smart energy space. These changes do not impact our strategic direction and priorities and we remain committed to continue to drive the renewable energy transformation, while providing best in class technology and support to our customers.”
The post SolarEdge to Reduce Global Workforce appeared first on Solar Industry.
To the a
uthor of the meme here, I would suggest that hate and ignorance are far more aggressive forms of cancer.
Yes, Hegseth and RFK, Jr. will be gone, but I think what’s going to happen first is the decapitation of the snake itself, i.e., the removal of Trump from the presidency.
Based on the news on social media, this could happen via the 25th Amendment, based on Trump’s mental deterioration. In my view, that’s a shame. If he’s not criminally prosecuted, this nation will be deprived of letting the American people and the rest of the world know that rule of law still matters in the United States.
Steve Bannon on the Consequences of a Blue Tsunami in November
When I was young, I heard someone say, “The first execution this country televises will be the last one ever performed here.”
I think he was right at that time. You’d have millions of people watch that barbarism and realize that it was done in their name.
But today, we’re a far more insensitive, brutal, and stupid people that we were 50 years ago. If you doubt that, just look at the quality of the people at the top of the federal government–people like RFK, Jr., Hegseth, and Trump.
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