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SunPower to Shutter Residential Solar Direct-Sales Units, Axe 1,000 Jobs in the US

The troubled firm is restructuring its business to cut costs

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U.S.-based solar firm SunPower Corp will wind down its SunPower Residential Installation (SPRI) locations, close SunPower Direct sales, and reduce its workforce by about 1,000 employees to rein in costs, according to an internal memo.

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