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Enphase Energy is reducing its global workforce by approximately 6%, affecting about 160 employees, in response to a projected downturn following the expiration of the federal 30% Residential Clean Energy Tax Credit on December 31, 2025. The company aims to reduce quarterly non-GAAP operating expenses to $70 million-$75 million by Q3 2026, down from $80 million.

The restructuring includes enhancing productivity through AI and automation and transitioning to distribution-led coverage in Brazil, the Philippines, and South Africa. Employees in the U.S. will remain on payroll until February 16, 2026, with severance packages including a minimum of 13 weeks of pay.

Enphase expects to incur approximately $4.6 million in restructuring and asset impairment charges. The company continues to focus on growth initiatives despite the workforce reduction.