▶️ Market flooding and price collapse: Longi's downsizing reflects the global solar industry – thousands of jobs cut in China
Longi Green Energy Technology as a leading force in the solar industry | Announces the elimination of 4,000 jobs, equivalent to 5% of the workforce | Correction: Not a one-third reduction in staff, but a smaller number than reported | Chinese solar module prices fall by almost 50% in one year | Global solar boom driven by price reductions, but losses for producers | Worldwide markets flooded with cheap Chinese solar module exports | European companies under pressure from cheap exports | Increase in trade conflicts as a result of market saturation | Possible trend reversal in the solar energy industry due to overproduction | Longi's recent cuts indicate an industry upheaval | Business Development | Planning, Consulting & Implementation | Project Management | PR / Marketing / Sales | [...]
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