And just like that, they were gone. As of today, Level Solar’s website is offline, their phone has an out-of-hours message in the middle of the day, and former employees are stating that everyone has been let go.
Unlike companies traded on stock exchanges, there isn’t a lot of public information available on private companies – even mid-sized ones. And Level Solar was not small. Even today the residential and commercial and industrial (C&I) solar installer’s LinkedIn account was reporting 130 employee accounts in New York and Massachusetts, and in 2015 Level Solar had reached a deal to borrow $25 million from New York’s Green Bank.
However in June CEO Richard Keiser was let go, which is described by a former employee of a Level competitor as precipitating a “rocky” time for the company. An anonymous former Level employee reported that company management informed employees by email last Friday that they had “forgotten” to pay their worker’s compensation insurance, leading to a suspension of all employees.
This was followed by another former employee stating yesterday on LinkedIn that he, along with the rest of the staff, had been laid off. This has been confirmed by other posts on LinkedIn and other employment-related websites.
It goes without saying to no one from Level Solar has responded to pv magazine request for information, there is no record of a WARN Act notice on the New York State website, and there is no bankruptcy court filing on record. Regardless, we plan to update this article as more information becomes available.
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