SunPower Corp. will eliminate more than 25% of its workforce as the company copes with a prolonged slump in the rooftop solar business.
The rooftop solar industry has been struggling as high interest rates make it more expensive for people to install panels.
About two-thirds of household solar installers in California are struggling to generate enough sales to stay afloat.
#sunpower-corp #workforce-reduction #rooftop-solar-industry #financial-challenges #california-solar-market
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