SoloPower cutting more jobs

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Friday, May 10, 2013

SoloPower will cut more jobs from its California headquarters on the same day it closes its Portland solar panel factory.

In a state notice, the troubled startup says it will lay off 33 in San Jose, separate from the 61 R&D, operations and administration jobs it slashed there last week. It has listed millions of dollars worth of equipment for sale, and a handful of executives have left in recent months as the company's financial struggles grew.

The latest cuts, which include four executives, take effect June 17, the day it will shut down its taxpayer-backed plant in Portland and lay off a skeleton crew of 29.

Read more at OregonLive.com.

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