Solar power producer Suntech cuts shifts, jobs

16 Nov. 2012 by

REUTERS - Suntech Power Holdings, the world's biggest maker of solar panels, said it is slashing two of its three production shifts and about 50 jobs at its solar panel plant in Goodyear, Arizona.

The company is restructuring its operations worldwide in a bid to reduce operating expenses by 20 percent in 2012 and 2013.


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