Sunday, April 22, 2012

First Solar to cut 2,000 jobs and close factory in Germany

The factory being closed is in Frankfurt, Germany. In addition, First Solar will indefinitely idle four production lines at its facility in Kulim, Malaysia, as of May 1.

Blaming a "fundamentally changed" solar industry and plunging business in Europe, panel maker First Solar Inc. is cutting 2,000 jobs and closing a factory.


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