MiaSolé provides staff layoff update

Share

While the spokesperson would not provide any specific details regarding how many employees had been affected, they did confirm that layoffs had been made. According to Greentechmedia, 10 percent of the company’s workforce has been let go.

"Difficult market conditions" were cited as the main reason for the decision which, as with many other solar companies, affected MiaSolé’s growth, thus leading it to introduce a "stringent" austerity plan. "We are working with our employees to make the transition as smooth as possible," said the spokesperson.

They added, "MiaSolé is committed to building a sustainable business through innovation and manufacturing improvements. We have increased performance by 25 percent in 2011 and are shipping in volume at 13 percent efficiency.

"We will be shipping 14 percent in Q1 with a roadmap to 15 percent by the second half of 2012. MiaSolé is the only solar company in the world with a 14.5 percent flexible cell and will soon be delivering a unique flex product. We have a strong management team and will also focus on developing strategic partnerships to fuel our next wave of growth."

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.