SunEdison's Plan to Reduce Costs May Not Be Enough, Analyst Says

Updated on
  • Biggest clean-energy developer will fire 15% of workforce
  • CEO Chatila to discuss SunEdison's strategic shift Wednesday

SunEdison Inc. Chief Executive Officer Ahmad Chatila has some explaining to do, after announcing a plan to fire 15 percent of his workforce. It’s his latest move to reverse an industry-worst 70 percent plunge in market value over three months.

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