FuelCell Energy To Cut 17% Of Workforce

FuelCell Energy to cut 17% of its staff as part of a global restructuring plan
FuelCell Energy’s stock extend rocket-like bounce after restructuring plan announced that includes a 17% workforce reduction.
FuelCell Energy surges on restructuring plan to include 17% workforce cut
FuelCell Energy (NASDAQ:FCEL) +20.1% pre-market Friday after it unveiled a global restructuring plan that will include cutting 17% of its staff. FuelCell (FCEL) said the plan aims to reduce total operating costs by 15% in 2025,
FuelCell Energy to lay off 13% of workforce to reduce operating costs
Renewable power company FuelCell Energy said on Friday it will reduce 13% of its workforce as part of a global restructuring of its operations in the U.S., Canada and Germany.
Danbury-based FuelCell Energy cutting 17 percent of workforce amid lower clean-energy spending
Citing expectations for lower spending on clean-energy technologies, FuelCell Energy is cutting jobs. The company is based in Danbury.
Restructure And Recharge: FuelCell Cuts Workforce, Plans To Reduce Operating Costs By 15% In 2025
FuelCell Energy announced global restructuring to reduce costs, focus on core technologies, and address slower clean energy investments.
FuelCell Energy To Cut Additional 13% Of Workforce Amid Slower Clean-Energy Investments
FuelCell Energy will cut an additional 13% of its workforce as part of a restructuring in response to slower investments in clean energy.
FuelCell Energy To Cut 17% Of Workforce, Stock Up In Pre-Market
The workforce reduction-related non-recurring accounting charges are expected to occur in the fourth quarter of fiscal year 2024 and the first quarter of fiscal year 2025. During the pre-market hours, FuelCell's stock is climbing 20.97 percent, to $8.48 on the Nasdaq.
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