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. Most of SunPower Corp ...

SunPower has decided to chop 100-plus Bay Area jobs, marking the company's move to launch wrenching cutbacks and reduced costs in a California solar energy market whose outlook has darkened.

Sunpower to cut 1,000 jobs, admits misstatements in financial results for 2022. By Simon Yuen. April 24, 2024. ... The job cuts are due to slow recovery for its business and the market.

SunPower To Cut Jobs After its Stock Gets Hammered By Charles Kennedy - Apr 24, 2024, 11:30 AM CDT. Just a day after announcing it would restate the past two years of financial results ...

SunPower announces restructuring plan to reduce costs, including cutting 1,000 jobs and closing sales locations. Skip to content Home page Seeking Alpha - Power to Investors ...

SunPower is also cutting 61 jobs in the Southern California cities of Anaheim, North Hollywood, Ontario and Santee and 16 positions in the Sacramento County city of Elk Grove, ...

SunPower has incurred a string of net losses in recent years as revenues have almost halved from the US$3.027 billion recorded in 2014 to between US$1.5 – 1.7 billion over the past four years.

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 ...

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 Layoffs Continue Trend. SunPower joins a growing list of companies that have been cutting jobs ever since the end of the Covid-19 lockdowns.