Herzliya,슬롯 머신 사이트 추천January 5:슬롯 머신 사이트 추천SolarEdge Technologies, an Israel-based solar tech company known for developing a DC-optimised inverter system, is now relying on job cuts to tackle its ongoing struggles in the market. Last year, the Israeli solar tech company also laid off several employees amid its difficulties.슬롯 머신 사이트 추천In 2025, the SolarEdge layoffs슬롯 머신 사이트 추천will affect more people, marking its first round.

In January 2024, SolarEdge laid off 900 employees, 500 of whom were based in Israel. This year, the layoffs슬롯 머신 사이트 추천are expected to be announced as the solar tech company struggles with major challenges in its two main markets슬롯사이트”the United States and Europe. In the US, SolarEdge has been facing a decline in demand due to high interest rates making the installation of solar panels on residential rooftops not economically viable.슬롯 머신 사이트 추천Layoffs in 2024: 151,484 Employees Laid Off This Year by 542 Companies, Tech Leaders Tesla, Intel, Dell, Microsoft, Meta and Others Cut Thousands of Jobs; Check Details.

On the other hand, the슬롯 머신 사이트 추천Israel-based solar슬롯 머신 사이트 추천technology firm슬롯 머신 사이트 추천had been facing a different struggle of having excess inventory in Europe, according to a슬롯 머신 사이트 추천슬롯 머신 사이트 추천by슬롯 머신 사이트 추천CTech.슬롯 머신 사이트 추천The report mentioned that the oversupply슬롯 머신 사이트 추천came from the슬롯 머신 사이트 추천initial response to the Ukraine war when the restrictions on슬롯 머신 사이트 추천importing natural gas슬롯 머신 사이트 추천from Russia슬롯 머신 사이트 추천prompted other countries to슬롯 머신 사이트 추천store alternative energy products. This슬롯 머신 사이트 추천included stockpiling SolarEdge's products and solutions.슬롯 머신 사이트 추천

However, energy and gas prices stabilised, and excessive inventory remained the same, putting more weight on the company and its performance. Despite facing these challenges, the solar tech company is expected to perform슬롯 머신 사이트 추천positively in the market. If interest rates drop and electric prices rise, the company would benefit from the favourable market amid improved economic viability.슬롯 머신 사이트 추천Google Layoffs Coming on New Year 2025? Tech Giant Likely To Terminate Low-Performing Employees in January, Say Reports.

Goldman Sachs슬롯 머신 사이트 추천reportedly predicted that SolarEdge could have a business turnaround and would not struggle to repay the exaggerated USD 350 million in bonds슬롯 머신 사이트 추천due in September 2025. However, the ongoing struggles슬롯 머신 사이트 추천have resulted in several layoff rounds affecting employees amid슬롯 머신 사이트 추천changes in the leadership. The CFO stepped down, CEO Zavi Lando resigned, and chairman Nadav Zafrir, who played a major role in the company, also슬롯 머신 사이트 추천stepped down, letting Avery More take their place.슬롯 머신 사이트 추천The interim CEO, Ronen Faier, also슬롯 머신 사이트 추천served for a brief period until Shuki Nir took the role.슬롯 머신 사이트 추천

(The above story first appeared on LatestLY on Jan 05, 2025 12:50 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).