Layoffs At GE Solar
Green Stocks Central
General Electric has laid off 85 workers at its solar panel plant inNewark, New Jersey, a workforce cut of about 30 percent. The plantalso reduced production to a single shift. The layoffs were the resultof the global economic credit crisis, which has made it more difficultfor GE’s customers to get credit for solar projects.
In an article on Delaware Online, GE Energy Spokesman Tom Rumsey commented on the layoffs, saying
"It’s unfortunate, but we have to align our manufacturing output with the demand that we have."
85 Workers Laid Off At General Electric (GE) Solar Plant
