Plug Power to cut jobs, among other moves meant to save $75 million a year

Plug Power Inc. plans to eliminate jobs and take other cost-cutting measures through an initiative meant to save $75 million a year, the company said Wednesday. The alternative energy company ... Read More

Plug Power plans $75M in annual cost reductions, to cut jobs

Plug Power plans $75M in annual cost reductions, to cut jobs Feb. 14, 2024 7:27 AM ET Plug Power Inc. (PLUG) Stock By: Carl Surran , SA News Editor 11 Comments onurdongel/iStock via Getty Images ... Read More

Plug Power planning layoffs as part of $75 million cost-cutting plan - Times Union

Latham-based Plug Power is planning to start laying off employees as part of a plan to reduce annual expenses by $75 million. Times Union Logo Hearst Newspapers Logo Skip to main content ... Read More

Plug Power board cut CEO's 2024 pay to stem losses

As Plug Power’s finances faltered and the hydrogen fuel cell company’s stock suffered, the firm’s board of directors dramatically reduced the compensation of CEO Andy Marsh as it also laid off more ... Read More

Latham fuel cell maker Plug Power wins $75 million grant from DOE - Times Union

Plug Power's Slingerlands fuel cell factory was opened last year. On Wednesday, U.S. Senate Majority Leader Charles Schumer announced Plug Power would receive a $75 million federal grant to expand ... Read More

More money, jobs and momentum: Plug Power investment in Genesee rises to $676M - The Business Journals

Plug Power's hydrogen production to begin next year. More than WNY 300 jobs cut following Yellow Corp. shutdown Taylor Devices CEO talks boosting net revenue in FY 2023 by 30% Taylor Devices CEO ... Read More