"Longi, World's Leading Solar Firm, to Cut Thousands of Jobs Due to Oversupply"

1 min read
Source: Bloomberg
"Longi, World's Leading Solar Firm, to Cut Thousands of Jobs Due to Oversupply"
Photo: Bloomberg
TL;DR Summary

Longi Green Technology, the world's largest solar manufacturer, is reportedly planning to cut almost one-third of its workforce, totaling about 80,000 employees, in an effort to reduce costs amid overcapacity and intense competition in the solar industry.

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