GT Advanced Technologies has started a major realignment of its manufacturing, engineering and supply chain resources with the loss of around 70 jobs.
However, the company confirmed to PV Tech that the reorganisation was primarily driven by the ramp of its sapphire fabrication activities at its plant in Mesa, Arizona, rather than its PV-related functions, and that the restructuring would place needed resources directly with the individual business activities.
As part of the changes, the company said it was moving most of its sapphire fabrication activities to Arizona, which will result in US$13.4 million of one-off charges, according to the company.
“GT has transformed itself into a highly diversified organisation that serves a wide range of markets,” said Tom Gutierrez, president and CEO. “This realignment positions our key resources in the geographies where they are likely to be most effective allowing the company to optimise its R&D skill mix and better take advantage of growth opportunities across our many business segments.”
GTAT noted that it expected to employ more than 1,100 workers by of the end of June, 2014, with over 1,000 in the US.