Key Takeaways o ¢ o SolarEdge shares rose after it said it was slashing its workforce to cut costs amid a slump in demand for solar products. The maker of solar power equipment is laying off 900 workers, or 16% of its workforce. CEO Zvi Lando said the job cuts and other cost reductions were needed for SolarEdge to align with current market conditions. SolarEdge Technologies (SEDG) shares gained over 3% in intraday trading Monday after the maker of solar power equipment said it would slash its workforce to c ...