5 PV Leaders in CN Slash Workforce by One-Third Last Yr; LONGI GREEN ENERGY Nearly Halves Staff: Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 04 2025
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Source: aastocks
Layoffs in the Photovoltaic Sector: Five major Chinese photovoltaic companies, including LONGI GREEN ENERGY and TRINA SOLAR, laid off a total of 87,000 employees last year, representing a layoff ratio of 31%.
LONGI GREEN ENERGY's Workforce Reduction: According to its annual report, LONGI GREEN ENERGY alone cut 37,000 jobs in 2023-24, which is nearly half of its workforce.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
