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SolarEdge to Cut 500 Jobs, Shutter Energy Storage Unit

By MarketWatch   |   Nov 27, 2024 at 07:05 AM EST
SolarEdge to Cut 500 Jobs, Shutter Energy Storage Unit

SolarEdge Technologies is laying off 500 employees to close its energy storage business, reducing its workforce by 12%. Most job cuts will occur in South Korea by the first half of 2025.

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