Industry News
China’s Top Solar Manufacturers Cut 40,000 Jobs as Overcapacity Crisis Persists
China's five largest solar module manufacturers eliminated 40,589 jobs in 2025, shrinking their aggregate workforce by 21% as severe industry overcapacity continued. The contraction follows a 31% workforce reduction in 2024, leaving total staffing down by roughly half across two years. Operating losses have deepened amid price drops and domestic market reforms, while export volumes fell 10% in the first eight months of the year.
