Due to the company's inability to pay the construction costs, in order to reduce costs and save money, Hoku Materials terminated the labor relations of nearly 65,438+000 employees working in Pocatello factory. In addition, all commercial activities have stopped, and all employees of Tianwei Solar America Company have resigned. The company has stopped building the Hoku Materials polysilicon manufacturing plant (not yet put into commercial operation). As of March 3 1 day, the company is expected to have nearly $7.7 million in cash and $278.8 million in liabilities, including $74.4 million in accounts payable from HOKU Materials.
Tianwei New Energy Baidu Post Bar discussed the topic of layoffs brought about by the financial crisis!