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SMA Solar Technology to Cut 350 Jobs Amid Weak Solar Inverters Demand

The company plans to begin implementing job cuts in January 2026

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Germany-based solar inverter supplier SMA Solar Technology announced that the company will slash approximately 300 full-time jobs in the country and 50 full-time jobs internationally as it intensifies its restructuring and transformation program amid weak residential demand and intense price pressure in its Home and Business Solutions division.

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