Tag #Sma Solar

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SMA Solar Announces Job Cuts Amidst Market Shift

SMA Solar, a German inverter manufacturer, announced potential job cuts of up to 1100 employees globally in November 2024 due to an 80 percent profit drop in the first three quarters of 2024 compared to the previous year, after a surge in demand in 2022 and 2023. The company is now focusing on large...

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