Meyer Burger Technology AG is undergoing a significant restructuring, leading to the resignation of CEO Gunter Erfurt and CFO Markus Nikles, with Franz Richter stepping in as the new CEO. The company plans to reduce its workforce from approximately 1,050 to 850 by the end of 2025, with most job cuts focused in Europe while increasing positions in the USA. This restructuring follows the discontinuation of a large solar cell manufacturing project in the US and the shutdown of module production in Germany. Meyer Burger aims to return to profitability, targeting revenues between CHF 350 million and CHF 400 million by 2026. Richter emphasized the importance of maintaining production capabilities in Germany, particularly in Thalheim, and the restructuring is viewed as essential for the company's future. Erfurt criticized European politicians for failing to protect the solar industry from unfair competition, advocating for a more supportive industrial policy.