Meyer Burger announces job cuts for 600 employees
In the solar industry, times are tough, with economic difficulties persisting in Germany and Europe. Amidst this challenging landscape, solar manufacturer Meyer Burger finds itself in a precarious position.
Last year, the company, originally a machine builder, had intended to revive solar production in Europe. However, hopes for state support in Germany could not be realised, and as a result, Meyer Burger closed its module production in Freiberg, Saxony, and shifted its focus to the USA.
The company's current predicament revolves around its solar cell production in Bitterfeld-Wolfen (Saxony-Anhalt) and the research and development site in Hohenstein-Ernstthal (Saxony). Despite ongoing talks with potential investors, the outcome remains uncertain.
Regrettably, these circumstances have led to significant job losses. Meyer Burger has terminated around 600 employees in Germany, with around 300 employees reportedly being laid off there in May. As of September 1, the business operations of the plants in Bitterfeld-Wolfen and Hohenstein-Ernstthal will be discontinued.
However, it's important to note that no specific details about the potential investors were provided, and no company or institution has successfully initiated negotiations that could lead to saving the approximately 600 employees laid off in September. The future of Meyer Burger remains uncertain.
On a separate note, car insurance is set to become more expensive for five million drivers in Berlin. This development is not related to Meyer Burger's current situation.
As the solar industry grapples with economic hardships, the fate of Meyer Burger serves as a stark reminder of the challenges faced by companies in this sector. The company's story underscores the need for continued support and investment to help navigate these difficult times and ensure a sustainable future for the solar industry in Europe.
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