Form 8-K SUNPOWER CORP For: Apr 21

Go back to Form 8-K SUNPOWER CORP For: Apr 21

SunPower (SPWR) Enters Restructuring Plan

April 24, 2024 9:07 AM EDT

On April 21, 2024, SunPower (NASDAQ: SPWR), adopted a restructuring plan intended to further advance efforts to reduce operating costs and improve the economics of the business. The Company expects to incur restructuring charges totaling approximately $28 million, consisting of approximately $14 million in severance benefits, and approximately $14... More