The U.S. financial environment still appears to be bleak especially with more sectors coming out in need of bailout. From the banking sector, the world has now witnessed it spread to other industries. Those remaining companies which are merely surviving or will be receiving government aid will naturally restructure themselves to be leaner by selling off their non-core businesses, shutting down non-profitable divisions or transferring operations elsewhere to lower costs. The latter is seen as a good business opportunity for the Philippines to boost its outsourcing industry.