Tuesday, October 23, 2012

I might as well talk about Dupont too.

This morning when I got up and noticed DuPont had announced a pretty big layoff, it made me go a little rigid. I haven't seen DuPont lay off in a really long time. Until I read through what the problem was.


That is what the problem is.

You will start to see layoffs from that sector start in earnest. Siemens just announced they were exiting, as well as Sharp. When these big well known companies that straddle the solar sector start exiting - shit is going to hit the fan. Because they can't hide the losses with other more profitable segments of their businesses.

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