Sinovel to Put 351 Workers on Leave Amid Slump in Turbine Sales
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Sinovel Wind Group Co., the world’s biggest wind-turbine marker by market value, will put 351 workers on leave from Nov. 19 because of an industrywide slump in sales.
The company will pay workers normal wages for the first 30 days of leave and then 80 percent of the Beijing minimum wage for an indefinate period after that, Chen Zheng, a media manager for the company, said by phone. Beijing’s mininum wage is 1,260 yuan ($202) per month.