Complete Solaria, Inc. announced report on its progress in turning Complete Solaria (CSLR) around financially, starting with its dramatic headcount reduction from 428 to 109 (-74.5%) in seven rounds of layoffs. These layoffs were very unfortunate, but necessary for survival. And when any company keeps only the top 25% of its employees, it winds up with an excellent workforce.

With fewer people, the company has been able to close down several buildings in California.