Restructuring activities at PV backsheet specialist, STR Holdings, have moved up the ladder to include the elimination of some senior executive positions as cost-cutting continues.
STR said in an SEC filing that the executive vice president and chief operating officer (COO) role would be withdrawn and Barry A. Morris would leave the company on 15 November 2013.
STR also said other senior positions would be eliminated including vice president of human resources, chief technology officer and vice president of finance, effective from the same day.
The restructuring efforts were said to needed to reflect current business conditions and better match costs to revenue.
The company had a round of redundancies at the beginning of the year totalling around 160 jobs and lost its largest customer in the form of First Solar.