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REPORTED · NEWSPublished Dec 28, 2025

First Solar, Inc. Announces Job Cuts Due to ITC Phaseout

EMPLOYEES AFFECTED
300
SHARE OF WORKFORCE
~4.5%
EFFECTIVE DATE
Oct 1, 2023
300 OF 6,700 EMPLOYEES

What we know

Location: Tempe, Arizona, USA.

Based on news reporting.

Summary

First Solar, Inc. has announced the layoff of approximately 300 employees at its Tempe, Arizona facility. This decision comes as a direct response to the accelerated phaseout of the Investment Tax Credit (ITC), which has significantly impacted the company's operational strategy. The layoffs are part of a broader adjustment to align with changing market conditions and financial pressures. The company aims to streamline its workforce to maintain competitiveness in the solar energy sector. The layoffs are effective immediately, reflecting the urgent need for operational efficiency amidst evolving industry dynamics.

First Solar, Inc. cut 300 jobs as of October 1, 2023.

That is roughly 4.5% of the 6,700 people First Solar, Inc. employs.

LayoffTalk has tracked 7 layoff events at First Solar, Inc. since October 2023, affecting a combined 1,150 employees.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff22 hours ago

First Solar, Inc. cut 300 jobs on October 1, 2023. What did this look like from the inside — which teams, how much notice, what severance was offered? You can post anonymously below.

SOURCE
News reporting
View original source ↗
F
First Solar, Inc.FSLR
Technology · 6,700 employees
7
EVENTS TRACKED
1,673
AFFECTED SINCE 2023
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CREATED DEC 28, 2025LAST UPDATED DEC 28, 2025