California-headquartered Enphase Energy, which specializes in microinverters and home storage units, has announced that it is to reduce its global workforce by around 11% as the company embarks on a restructuring and cost saving initiative in the third and fourth quarters. The firm, which endured a challenging 2015 and posted a net loss of $16.7 million in Q2, has been seeking ways to lower its overheads for many quarters, but has thus far resisted the urge to trim its workforce, instead focusing on cost-reduction drives and the launch of new products, namely its AC home battery that was recently rolled out in Australia and New Zealand. However, the challenging price pressures inherent in the global ...Den vollständigen Artikel lesen ...