Location: San Francisco, CA.
Based on news reporting.
First Solar, Inc. has laid off approximately 200 employees as part of a restructuring effort following the appointment of a new CEO. The layoffs, which occurred in early October 2023, are part of the company's strategy to streamline operations amid ongoing financial struggles. The company has faced challenges in the competitive solar market, prompting these workforce reductions to enhance efficiency and focus on core business areas. The decision reflects a broader trend in the solar industry as companies adjust to market demands and economic pressures.
First Solar, Inc. cut 200 jobs as of October 1, 2023.
That is roughly 3% of the 6,700 people First Solar, Inc. employs.
LayoffTalk has tracked 7 layoff events at First Solar, Inc. since October 2023, affecting a combined 1,150 employees.
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