The rumors of last couple months about potential takeover by various entities, including SOEs, had not materialized

Today First Solar announced a major restructuring plan, closing factories and laying off 2000 employees. It is expected that FSLR will incur a charge of $245-370 million.

Two rounds of layoff - rumor has it up to "a few thousands". LDK offcials have not yet responded to the alleged number.

Poly and wafer giant GCL also decided to cut back on its wafer division, let go workers at its Yangzhou wafer plant in April.