Posted on 02/27/2020 7:25:39 PM PST by yesthatjallen
During a staff meeting at the Riverbend plant Wednesday morning, Panasonic Solar North America President Mark Shima announced what published reports had already indicated: all 400 Panasonic employees at the South Buffalo solar production plant would be losing their jobs at the end of May.
"This is a really tough announcement but I'd like to express my sincere gratitude to all of you," Shima told the employees.
7 Eyewitness News obtained audio of the meeting, in which Shima explains why Panasonic is shutting down and what this means for staff at the facility co-located with Tesla.
"We have been dealing with both unpredictable demand and a competitive business environment," Shima said. "Despite your continued efforts and contributions, [Panasonic Solar North America's] operating profit is not good."
7 Eyewitness News reached out to a company spokesman seeking clarification, but was not given an answer.
SNIP
(Excerpt) Read more at wkbw.com ...
They probably unionized.
No, they went to work for a solar company. Almost certain to fail.
L8r
How many tax cuts were given to this cluster*uck of a company by the crooks in Albany? How much money did the taxpayers of NYS lose in this magical endeavor? Is this the new, vibrant, industrial NY? I think not.
“No, they went to work for a solar company. Almost certain to fail.”
Makes sense, not much sun in Buffalo, particularly this time of year.
So the sun is setting on yet another solar power venture?
I hope they didn’t contaminate the facility, which has happened before.
Crappy panels. We use. Qcells. And LG mostly
Panasonic saw the “light”.
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