San Francisco, December 25: US-based clean-tech unicorn Palmetto has reportedly done multiple rounds of layoffs amid the market slowdown. Some of the jobs eliminated include operations strategy managers, coordinators and warehouse managers, according to posts by affected employees on professional networking platform LinkedIn.

The undisclosed number of layoffs were implemented in September and last week, reports The Business Journals. The company had nearly 400 employees. "Palmetto unfortunately implemented layoffs in response to the national market slowdown in one of our divisions, which is the residential solar and energy storage installations," the company said in a statement.슬롯 머신 사이트 추천Paytm Layoffs: After Announcing To Hire 50,000 People in Sales, Fintech Major Lays Off 1,000 Employees as Part of Cost-Cutting Measures.

슬롯사이트œPalmetto did some reorganisation of the company to prepare for new innovations and services we are launching in 2024,슬롯사이트 it added. Chris Kemper, founder, chairman and CEO at Palmetto, said the firm started its transition to the city of Charlotte in North Carolina earlier this year. Palmetto received about $555 million in funding and has several celebrity backers such as Arnold Schwarzenegger, Billie Eilish, Drake and LeBron James, according to the report.슬롯 머신 사이트 추천Google Layoffs: Tech Giant Likely to Layoff 30,000 More Employee Due to AI Integration and Restructuring Plans, Say Reports.

According to the company슬롯사이트™s website, it is on a mission to stop climate change before we reach an irreversible tipping point. 슬롯사이트œAt Palmetto, we are fueling the rapid expansion of residential solar energy across the United States,슬롯사이트 it said. For the 78 million US households that don슬롯사이트™t yet own or lease a solar energy system, 슬롯사이트œPalmetto is removing barriers and expanding access to improve the way we power our lives슬롯사이트.

(The above story first appeared on LatestLY on Dec 25, 2023 02:09 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).