Enphase cuts one U.S. factory and lays off 10% of global workforce

4 months ago 42

In a December 18 Securities and Exchange Commission filing, Enphase disclosed it is reducing its global workforce by about 10% and halting contract manufacturing at factories in Wisconsin and Romania. In a message to employees, CEO Badri Kothandaraman said, “Over the last 12 months, the solar market has seen a lot of turbulence worldwide. In…

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