Beleaguered green hydrogen player Plug Power to slash annual spending — but is it just a drop in the ocean?

Management bets on workforce cuts and supply chain optimisation to boost shaky finances

Andy Marsh, CEO of Plug Power, speaking at the Global Green Hydrogen Assembly in Barcelona in May 2022
Andy Marsh, CEO of Plug Power, speaking at the Global Green Hydrogen Assembly in Barcelona in May 2022Photo: GH2
Published 14 February 2024, 15:34Updated 14 February 2024, 15:34