JUNE 9, 2025 — 122 EMPLOYEES COMPANYWIDE
The company has laid off 122 employees companywide in the latest of several rounds of downsizing.
According to a company statement, “This plan aims to further reduce operating costs, realign resources toward advancing the company’s core carbonate technologies and protect the company’s competitive position amid slower-than-expected market investments in clean energy.”
APRIL 23, 2019 — Original Post
Danbury, Connecticut-based FuelCell Energy, maker of fuel cell energy conversion devices, has laid off 135 workers in its Danbury, Connecticut headquarters and main manufacturing facility in Torrington, Connecticut. A company spokesperson noted, “We don’t undertake these actions lightly, and we remain focused on executing in the near-term on the (80-plus) megawatts in backlog of projects we have already won. These actions should not impact our commercial ability to deliver on these projects.”
The financially embattled company is struggling to rework its current debt load and seeking immediate investment opportunities. Any additional reduction in force might jeopardize loans based on job credits from the State of Connecticut. According to financial reports, the company has gone 22 years without generating a profit and the losses continue to mount. The company continues to face competition from other companies and energy conversion technologies, notably those based on solar and wind-driven turbines.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?