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SunPower Reveals Major Workforce Reduction and Restructuring Plan

SunPower Reveals Major Workforce Reduction and Restructuring Plan
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SunPower Moves Away From Direct Sales Channel, Cuts 1,000 Jobs As Part of Restructuring

SunPower announced it will close its SunPower Residential Installation sites and discontinue SunPower Direct sales, which independent dealers and Blue Raven Solar will now manage. Read more.

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SunPower to close business units, cut about 26% of workforce

SunPower to close business units, cut about 26% of workforce
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SunPower : An Update on SunPower's Business

Earlier today, Tom Werner shared the following note with all SunPower employees.

Team,

I'm writing to share difficult news with you as we implement changes...

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Solar firm SunPower to reduce workforce, shut business segments

Solar firm SunPower to reduce workforce, shut business segments
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Solar firm SunPower to cut jobs, shut business segments

SunPower said on Wednesday
it plans to cut jobs and shut certain business segments as part
of a restructuring to help lower costs, sending the solar power
generation company's shares up 3.5% in choppy...

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Solar Firm SunPower to Reduce Workforce, Shut Business Segments

Solar Firm SunPower to Reduce Workforce, Shut Business Segments
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SunPower to Cut Almost One-Third of Workforce

SunPower to Cut Almost One-Third of Workforce
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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.

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SunPower To Cut Jobs After its Stock Gets Hammered

Just a day after announcing it would restate the past two years of financial results, beleaguered SunPower Corp. on Wednesday said it would reduce its workforce

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