Solar panel maker SunPower Corp said it will restructure its Philippines manufacturing operations and cut about 900 jobs, citing challenging industry conditions.
The company said it will temporarily idle six of its 12 lines at its cell manufacturing plant and 20 percent of its panel manufacturing in the Philippines to reduce inventory, lower operational costs and improve efficiency.
Sunpower will also reduce its workforce by about 900 employees, mainly in the Philippines…
via Sunpower to streamline Philippines ops, cut 900 jobs | Reuters.
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