First Solar Restructuring Leads To Loss Of $449M
NEW YORK (AP) — A shakeout that is rattling the solar panel industry has sent First Solar, once among the industry’s biggest and strongest companies, to a big quarterly loss.
First Solar Inc. said Thursday that it lost $449 million in the first quarter, mostly due to a restructuring announced last month that will eliminate 30 percent of the company’s workforce
First Solar Restructuring Leads To Loss Of $449M | News | Manufacturing.net
h/t to Dave G
http://www.youtube.com/watch?v=umrp1tIBY8Q