Troubled Sinovel Wind to put workers on leave

Sinovel Wind Group Co, a large maker of wind power equipment, plans to put 350 workers on leave starting on Monday.

The decision comes in response to a sales slump in the industry and a tightening of government policies related to wind power, according to a company announcement.

The 350 employees, who work at bases in Beijing, Yancheng, Jiangsu province, and other places, will receive one month's salary. For the remainder of the leave, they will see their pay cut to 80 percent of the monthly minimum wage set by the Beijing government, which is 1,260 yuan ($202).