SunPower Shares Plummet 30% On Massive Guidance Downgrading & 1,200 Job Cuts

SunPower, one of the United States’ leading non-residential solar installers, has dropped a massive bombshell as it revealed a massive reduction in its 2016 guidance and announced a 15% cut to its workforce, resulting in 1,200 jobs being shunted out the front door. According to SunPower president and CEO Tom Werner, the company’s “second quarter [&hellip

SunPower Shares Plummet 30% On Massive Guidance Downgrading & 1,200 Job Cuts was originally published on CleanTechnica.

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