SunPower, a solar industry and one-time superstar in the green energy sector, has fizzled out and filed for bankruptcy
RICHMOND — SunPower, a solar industry and one-time superstar in the green energy sector, has flamed out and filed for bankruptcy, a financial collapse punctuated by hundreds of Bay Area and California layoffs.
Richmond-based SunPower, which once had its headquarters in San Jose, is attempting to sell some assets as well as revamp the company’s finances. In recent weeks, has disclosed its decision to chop 637 California jobs as it proceeded with a massive companywide downsizing. In other parts of California outside of the Bay Area, SunPower has revealed decisions to eliminate another 306 positions.
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