Longi Green Energy Announces Major Workforce Reduction

The world's largest solar manufacturer, Longi Green Energy, is set to cut up to 30% of its workforce amid industry struggles with overcapacity and competition.

Longi Green Energy Technology Co. plans to reduce its workforce by up to 30%, impacting around 80,000 employees at its peak.
The layoffs are a response to the solar industry's challenges, including overcapacity, fierce competition, and falling prices.
The decision marks a significant shift for Longi, which had previously seen rapid expansion and dominance in the global solar manufacturing sector.
Longi's job cuts are part of a broader trend of solar production moving away from China, as companies seek to mitigate trade tensions and cater to global markets.
Despite the layoffs, Longi is continuing its expansion in the US with a new production facility in Ohio, signaling a strategic shift in its manufacturing approach.