Jul 15, 10:53 AM

SolarEdge Technologies to Lay Off 7% of Workforce, Stock Tumbles

SolarEdge Technologies announced on Monday that it will lay off 400 employees, representing 7% of its workforce, as part of efforts to restore profitability and ensure financial stability. The company's stock tumbled following the announcement, with a pre-market drop of 7.6%. Full story via Reuters on PiQ Suite.

#SolarEdge Technologies #Reuters #PiQ Suite

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