ROCHESTER HILLS, Mich. (AP) -- The solar cell maker Energy Conversion Devices Inc. says it's cutting 400 jobs in Rochester, Mich., and Tijuana, Mexico, because of slow demand.
The company says the cuts to its work force of 1,900 are part of a restructuring and will save $17 million at a time of dropping sales of its thin-film solar cells.
Spokesman Mark Trinske says the company started notifying affected workers Tuesday and will finish the cuts by the end of next week.
He tells The Detroit News the company's "cost structure was too high for the level of demand" and the state of the economy.
In the quarter ending in September, Energy Conversion Devices lost $6.6 million on revenues of $42.9 million.
