Solar Equipment Maker GT Advanced Technologies Lays Off 25 Percent of Workforce

Responding to projections that the solar panel module overcapacity will continue for at least another year, solar equipment maker GT Advanced Technologies today announced a restructuring plan. The company will lay off approximately 25 percent of its workforce and consolidate its existing business units into a single Crystal Growth Systems (CGS) group.

Source: http://www.renewableenergyworld.com/rea/news/article/2012/10/solar-equipment-maker-gt-advanced-technologies-lays-off-25-percent-of-workforce?cmpid=rss

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