Enphase Energy to lay off about 160 employees

Core Viewpoint - Enphase Energy plans to cut approximately 160 jobs, representing less than 6% of its workforce, and will relocate certain functions to lower-cost regions to streamline operations and enhance profitability [1] Group 1: Job Cuts and Workforce Impact - The company will reduce its workforce by about 160 positions, which is less than 6% of the total staff [1] - This decision is part of a broader strategy to improve operational efficiency [1] Group 2: Operational Strategy - Enphase Energy is moving certain functions to lower-cost regions as part of its plan [1] - The aim of these changes is to streamline operations and improve profitability [1]