China's Longi Green Technology Energy, the world's largest solar manufacturer, is set to reduce its workforce by up to 30%, equating to thousands of job cuts from its approximately 80,000 employees, Bloomberg reports. This decision comes as the company faces a glut in the market, despite having grown from 4,000 employees in 2012 to 80,000 last year, indicating a significant expansion in response to the growing solar market. The layoffs are a reflection of the shrinking profits within the industry.