high interest rates

SolarEdge Faces Another Round of Layoffs Amid Market Turbulence

In a challenging year for the solar industry, SolarEdge announces its fourth round of layoffs as the company navigates high interest rates in the U.S., excess inventory in Europe, and major leadership changes. Despite a recent stock surge following a positive outlook from Goldman Sachs, the market remains uncertain. The company hopes restructuring efforts will restore profitability and stability.