Bloomberg News

First Solar to Cut 30% of Workforce, Close Plants

April 17, 2012

Bloomberg's Betty Liu reports that First Solar Inc., the largest thin-film panel maker, will cut about 30 percent of its workforce, shutting manufacturing plants in Frankfurt, Germany and indefinitely idling four production lines in Malaysia this year because of a deteriorating European market. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Running Time: 00:41

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