Full coverage· Economy· Updated
SolarEdge to Lay Off 200 Employees in Latest Cost-Cutting Round
Israeli green energy company SolarEdge is laying off approximately 200 employees, about 10% of its global staff, in its latest cost-cutting measure. This follows a period of financial recovery, with the company reporting increased revenue and reduced losses in the second quarter of 2026.
2 newsrooms · 1 language · since
Plus
What happened
- 01SolarEdge is laying off 200 employees, 10% of its global workforce, in a new round of cuts.
- 02The company reported revenue growth to $346 million and a reduced net loss in Q2 2026.
- 03A conservative Q3 forecast caused SolarEdge's stock to fall over 20% in August.
- 04This is the fourth major layoff round since January 2024, totaling thousands of jobs.
- 05The company aims to stabilize operations amid global market challenges and inventory issues.
However, a weak third-quarter forecast led to a significant stock drop, prompting further workforce reductions. These cuts are part of ongoing efforts to stabilize the business amid global market challenges.
The coverage
2 newsrooms on this story
Who covered it
- LeftNone
- CentreNone
- RightNone
- HarediNone
- ArabNone
- Other2
How it broke
See which of the 2 newsrooms broke it, and who waited