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SolarEdge announces 400 layoffs, 200 in Israel

image sourced from original article at https://www.ynetnews.com/business/article/r1hjppk81g

SolarEdge, a solar energy company, has announced plans to lay off 400 employees, with 200 of the job cuts taking place in Israel. This is the fourth round of layoffs for the company since January 2020 and the first under the new CEO, Shuki Nir. The workforce is expected to shrink from 3,700 to 3,300 employees after the layoffs.

Original article source: https://www.ynetnews.com/business/article/r1hjppk81g
Source Id: 8488942332

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