Source: The Business Journals

Verengo: Verengo to cut 80 jobs with bankruptcy filing

Verengo Inc., one of the largest Southern California-based installers of residential solar panels, plans to layoff about 80 workers as it files for Chapter 11 bankruptcy. In documents filed with the state, Torrance-based Verengo said it will cut 60 jobs from its Anaheim office and 22 in Torrance, effective Nov. 15, reported the Orange County Register. Verengo filed for bankruptcy on Sept. 23 and said it plans to sell its assets to Crius Solar Fulfillment, a unit of Crius Energy Corp. and an affiliate...

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Est. Annual Revenue
$5.0-25M
Est. Employees
500-1.0K
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