21 Apr '17, 4am

Sungevity Is Sold: More Layoffs Without Notice, Name Changed to Solar Spectrum

"For a company that prides itself on transparency -- they truly left all their employees in the dark in terms of the bleak corporate outlook. They knew they were in a grave situation, yet kept their employees on long enough to be so in the hole that they couldn't pay out rightfully earned vacation time." "The way [the layoffs were] handled and the obvious fact that upper management knew that this was inevitable once the merger fell through, yet still tried to spin it at every town hall that things were still 'sunshine & cash flow positive rainbows' is a disgrace and inexcusable. It goes against the company's mission that was drilled down our throats since day 1." "We were told our financial disaster was because of Trump's election. Gimme a break. We blew through hundreds of millions of dollars on overhyped technology, crappy sales strategy, and expensive debt. Trump is jus...

Full article: https://www.greentechmedia.com/articles/read/Sungevity-Is...

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