SunPower is eliminating 900 jobs in the Philippines

Photovoltaics

The U.S. American cell and module manufacturer SunPower announced on 16 October that they will be dismissing further 900 employees at the production facility in the Philippines. The company, which is based in San Jose, California, wants to reduce production at the site but not completely stop it. The company is shutting down six of the twelve lines for cell production at Plant 2 and 20% of module production until further notice.

According to President and CEO Tom Werner, this "aggressive restructuring" is necessary "so that SunPower can continue to remain competitive in a sector with significant excess capacity."SunPower had already shut down production at Plant 1 in the Philippines in April 2012.

The French energy group Total stands behind SunPower, with 60% of shares.

(jm)

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