Will another round of layoffs halt SolarEdge's downward spiral?
14.07.24|Adiel Eithan Mustaki and Amir Perger
The renewable energy company, which laid off about 900 workers in January, is expected to announce the layoffs of hundreds more employees in the coming week. SolarEdge, which traded at a record value of about $20 billion two years ago and was the first Israeli company in the S&P 500, has since lost almost 90% of its value.