
Stimulus-Backed Solar Company Lays Off 70 Percent of Workforce
President Obama used a weekly address in July 2010 to tout his stimulus package’s support for the solar industry. One of the companies he mentioned specifically, Abound Solar, just announced that it will lay off 70 percent of its workforce. Abound would “creat[e] more than 2,000 construction jobs and 1,500 permanent jobs,” Obama claimed, and […]