Enphase Energy cuts about 6% of workforce
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3 Articles
Solar inverter manufacturer Enphase lays off 160+ employees
Enphase Energy reportedly laid off about 160 employees in January, which is close to 6% of the solar inverter, energy storage and EV charger manufacturers’ workforce. Badri Kothandaraman, president and CEO of Enphase, stated in a document published in the Securities and Exchange Commission that the layoffs are largely caused by the now inactive residential… The post Solar inverter manufacturer Enphase lays off 160+ employees appeared first on So…
Enphase Energy cuts about 6% of workforce
Amid a projected downturn following the expiration of federal solar tax credits, the microinverter and battery giant said it is prioritizing operational efficiency and AI-driven automation.Enphase Energy announced it is reducing its global workforce by approximately 6%, impacting about 160 employees. “These decisions are difficult, but necessary for us to become a leaner and more efficient company,” said Badri Kothandaraman, president and chief …
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