China Solar Giants Cut 40,000 Jobs Last Year as Overcapacity Persists
Filings show China’s biggest solar manufacturers cut another fifth of their workforces last year as the industry remained loss-making.
Filings show China’s largest solar manufacturers reduced their workforces by a further fifth last year. Beijing has pledged to address overcapacity, but the industry remains in losses. The companies include Longi Green Energy (SSE:601012), Trina Solar (SSE:688599) and Jinko Solar (SSE:688223). JA Solar is also listed in the source section, but its ticker is truncated.