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Calisolar Cuts Staff After Turning Down Loan Guarantee

Calisolar Inc., a solar manufacturer that withdrew its application for a U.S. Energy Department loan guarantee, is firing 23 percent of its workforce as it shifts its business model.

Closely held Calisolar is firing 80 people at a solar-cell plant and will focus on manufacturing polysilicon used to make the cells, the Sunnyvale, California-based company said today in an e-mailed statement. Calisolar has 350 employees, according to its website.