SolarEdge (NASDAQ:SEDG) layoffs are a hot topic among traders on Monday as the solar photovoltaic company reveals plans to cut 16% of its workforce. According to a press release from SolarEdge, these layoffs will affect 900 of the company’s employees. That includes 500 workers from across its various manufacturing sites. SolarEdge notes that these layoffs are part of its efforts to reduce operating expenses while bettering aligning its cost structure to current market demands. This comes after the company e ...