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Home » News » Solar » SMA Solar to Cut 1,100 Jobs Amid Restructuring Efforts and Market Challenges
Solar

SMA Solar to Cut 1,100 Jobs Amid Restructuring Efforts and Market Challenges

By Michael CarterNovember 17, 20242 Mins Read
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Credit: SMA Solar Technology AG
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SMA Solar Technology AG, a German manufacturer of photovoltaic (PV) and battery inverters, announced plans to reduce its workforce by up to 1,100 jobs as part of a restructuring strategy aimed at addressing persistent challenges in its Home and Commercial and Industrial (C&I) segments. The company, which reported its results for the first nine months

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