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LDK Solar Cuts 5,554 Workers Amid Clean-Energy Shakeout

Apr. 30, 2012 -- LDK Solar Co. (LDK), the world's second- largest maker of wafers for cells, cut 5,554 jobs this year after plunging prices cut margins to a record low amid a renewable-energy shakeout that's pushed at least eight solar companies into bankruptcy and prompted thousands of industry firings. >>More