Saturday, November 3, 2007

Chrysler Layoffs

This past week has been brutal with respect to Chrysler LLC announcing their restructuring plans to support their business going forward. While the prospect of 1000's of people losing their jobs is daunting, one has to consider just what the total impact of this will be.

The economies of scale are changing. The Canadian dollar has hit an all time high this week and continues to drive manufacturing sector jobs out of the country. The real question is, "What is the new NICHE?"

Put on your thinking caps because the next new billion dollar idea is about to spring forward. The market will start to see new products and services as never before. Are watching, waiting, or working?

I'm watching.