Trajan
conscientia mille testes
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Stimulus-Backed Solar Company Lays Off 70 Percent of Workforce
President Obama used a weekly address in July 2010 to tout his stimulus packages support for the solar industry. One of the companies he mentioned specifically, Abound Solar, just announced that it will lay off 70 percent of its workforce.
Abound would create more than 2,000 construction jobs and 1,500 permanent jobs, Obama claimed, and would be integral to the administrations quest to create whole new industries and hundreds of thousands of new jobs in America.
But a year and a half later, the companys staff numbers only 120. It announced Tuesday that it would lay off 180 full time and 100 part time employees, halt solar panel production, and delay the construction of a manufacturing plant in Indiana.
more at-
Stimulus-Backed Solar Company Lays Off 70 Percent of Workforce
Stimulus-Backed Solar Company Lays Off 70 Percent of Workforce
President Obama used a weekly address in July 2010 to tout his stimulus packages support for the solar industry. One of the companies he mentioned specifically, Abound Solar, just announced that it will lay off 70 percent of its workforce.
Abound would create more than 2,000 construction jobs and 1,500 permanent jobs, Obama claimed, and would be integral to the administrations quest to create whole new industries and hundreds of thousands of new jobs in America.
But a year and a half later, the companys staff numbers only 120. It announced Tuesday that it would lay off 180 full time and 100 part time employees, halt solar panel production, and delay the construction of a manufacturing plant in Indiana.
more at-
Stimulus-Backed Solar Company Lays Off 70 Percent of Workforce