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Cypress Creek Issues Layoffs in Pivot to Growth Markets
GreenTech Media: Cypress Creek Renewables, a leading U.S. utility-scale solar developer, has issued a round of layoffs impacting roughly 20 percent of its workforce, according to sources familiar with the matter. The company said the reductions come amid an effort to refocus on its most competitive markets.
Jobs cuts began to take effect Friday. LinkedIn currently shows 540 people employed at the company. Based on that figure, the layoffs will affect around 100 employees.
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