US EditionChina's solar giants quietly shed a third of their workforces last year
6 Articles
6 Articles
China's solar giants quietly shed a third of their workforces last year
China's biggest solar firms shed nearly one-third of their workforces last year, company filings show, as one of the industries hand-picked by Beijing to drive economic growth grapples with falling prices and steep losses.
·United Kingdom
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China's largest solar maker plans to cut nearly a third of its workforce by 2024, company filings show, demonstrating how an industry once seen as a key driver of economic growth by Beijing is now mired in plummeting prices and huge losses.
The problems of China's inflated solar industry are now also reflected in massive discharge waves. The leading suppliers have reduced the number of their employees by about a third last year. (Continue reading)
Coverage Details
Total News Sources6
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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