China's Longi Green Technology Energy to Implement Staff Layoffs

Tuesday, 19 March 2024, 02:07

China's Longi Green Technology Energy clarifies reports of staff layoffs, stating a reduction of around 5% rather than the previously speculated 30%. The decision is a relief for employees and investors involved in China's trade.
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China's Longi Green Technology Energy to Implement Staff Layoffs

China's Longi Green Technology Energy

China's Longi Green Technology Energy, the world's largest solar manufacturer, is in the spotlight due to recent staff layoff announcements.

Layoff Clarification

The firm has confirmed layoffs amounting to approximately 5% of its staff, rebutting earlier reports of a larger 30% reduction.

Positive Impact

  • Relief: The clarified figures come as a relief to employees facing potential job cuts.
  • Investor Confidence: For investors in China's trade, this clarification offers stability and assurance.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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