Cloud & Infra
impact 16
Redwood Materials lays off 10% in restructuring to chase energy storage business
Redwood Materials lays off 10% in restructuring to chase energy storage business The company is restructuring some teams to accommodate a booming energy storage business, according to emails viewed by TechCrunch.
Why it matters
The timing matters: restructuring is converging with shifts in energy, which could amplify the downstream impact.