Wednesday, October 31, 2012

Solar Equipment Maker GT Advanced Technologies Lays Off 25 Percent of Workforce

![](http://www.renewableenergyworld.com//assets/images/story/2012/10/31/body-solar-equipment-maker-gt-advanced-technologies-lays-off-25-percent-of-workforce.jpg)

Responding to projections that the solar panel module overcapacity will continue for at least another year, solar equipment maker GT Advanced Technologies today announced a restructuring plan. The company will lay off approximately 25 percent of its workforce and consolidate its existing business units into a single Crystal Growth Systems (CGS) group.

URL: http://www.renewableenergyworld.com/rea/news/article/2012/10/solar-equipment-maker-gt-advanced-technologies-lays-off-25-percent-of-workforce?cmpid=rss

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