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China’s Longi says will lay off round 5% of workers, not round 30% as some media mentioned

China’s Longi Inexperienced Expertise Power is the world’s largest photo voltaic producer

In a single day there have been media reviews the agency would minimize almost one-third of its workers as a cost-saving measure.

The agency has issued an announcement confirming layoffs however placing the quantity a lot decrease, at round 5% of workers.

That is higher information for employees on the agency (nicely, for many of them) and for China-trade traders.

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