J
It’s a cloudy day for SunPower.
One of the biggest residential solar companies announced today that it’ll lay off 1,000 people. It’s also shutting down its direct sales business and residential installation locations.
“We need to achieve financial viability, which includes simplifying our business structure, transitioning away from areas where we have been unable to sustain profitable operations, and improving financial controls,” SunPower Executive Chairman Tom Werner told employees.
An Update on SunPower’s Business
[SunPower Newsroom]
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