INDUSTRY NEWS

Sunpower to cut 1,000 jobs, admits misstatements in financial results for 2022

2024-04-25

The job cuts are due to slow recovery for its business and the market. Image: SunPower.

US residential solar provider SunPower has announced that it will reduce its workforce and close business segments, which are the latest steps to simplify its business structure and lower costs.

In a note to staff which was shared on the company’s website, SunPower’s principal executive officer Tom Werner said about 1,000 jobs will be cut in the coming days and weeks, while the divisions SunPower Residential Installation (SPRI) locations and SunPower Direct sales will be closed.

(The above content is reproduced from pv-tech,By Simon Yuen)

 

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