Green Energy Company Struggles, Lays Off Workers — But Rewards Top Executives [Michigan Capitol Confidential]
In the nine months since David Prystash was named ChiefFinancial Officer of A123 Systems — thebattery manufacturer that received $390.1 million in federal and state subsidies — the company has laid off 125 employees and had a net loss of $172 million throughthe first three quarters of 2011.
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