Day4 Energy to cut jobs at Burnaby production facility

Facebook
Twitter
LinkedIn
Reddit
Email

Day4 Energy, Inc. has announced the planned cut of approximately 95 people from its workforce in an attempt to improve the company’s cost structure. The Canadian solar module manufacturer said that the cuts would affect the company’s Burnaby, BC production facility, and would incur restructuring costs of approximately $0.7 million. The affected employees would be offered severance and human resource support, according to the company.

“While it is always a difficult decision to let people go, it is equally important to ensure the company is best positioned to meet the realities of the new solar economy,” said George Rubin (pictured), President of Day4 Energy. “We are seeing continued strength in demand for our product in Europe and remain confident in our contracted sales for 2009, however, given the broader economic environment and seasonal weather patterns we are being proactive in managing our business to avoid inventory build-up. With this action to streamline the company’s cost structure we are taking advantage of our flexible business model as we pursue our strategy to reduce working capital costs and capitalize on the significant reductions we expect in materials costs over the next couple of quarters.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Read Next

June 20, 2025
Utility giant Engie North America has incorporated a precycling provision to incorporate solar panel and project component recycling into power purchase agreements (PPA) at four solar PV plants across the Midwest, US.
June 20, 2025
Akuo has signed a 15-year power purchase agreement (PPA) with Imerys to develop a solar power plant in Texas.
Premium
June 20, 2025
Panellists discuss some of the challenges in European solar's financial landscape at an event organised at Intersolar Europe 2025 by PV Tech.
June 20, 2025
The Energy Corporation of New South Wales (EnergyCo) has confirmed that construction on Australia’s first Renewable Energy Zone (REZ) has started.
June 20, 2025
The Australian government has given the green light for a landowner-led 250MW solar-plus-storage project in Tasmania.
June 19, 2025
Spanish independent power producer (IPP) Sonnedix has launched Project Douro, a 150MW solar plant in Tarouca, northern Portugal.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico