Enphase Energy to lay off about 160 employees
ReutersJan 23, 2026 9:26 PM
Jan 23 (Reuters) - Enphase Energy ENPH.O said on Friday it will cut roughly 160 jobs, or less than 6% of its workforce, and move certain functions to lower-cost regions as part of a plan to streamline operations and improve profitability.
The company estimates total restructuring and asset impairment charges of about $4.6 million, with $4.2 million expected to be incurred in the first quarter.
It also expects to reduce its adjusted operating expenses to be in the range of $70 million to $75 million a quarter starting from the third quarter of 2026.
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