Recently, a picture of "economic layoff notice" has been circulated in the photovoltaic industry.
According to the picture information, a company located in Changzhou, Jiangsu Province, issued a notice on the company's trial of economic layoffs on February 26. Because of serious difficulties in its production and operation, it implemented economic layoffs to its employees after fulfilling legal procedures with relevant departments. The base of compensation for
this layoff is the higher of the average wage of employees and the minimum wage of Changzhou (note: the minimum wage standard of Changzhou is 2660 yuan/month) , and is calculated in combination with the length of employment of employees.

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