My wife was told this past friday that her job is likely to be terminated due to budget cuts. We both work at a university, and not only has the endowment taken a significant hit (as have pretty much most investments for people), but tuition payments are down as more students will be qualifying for financial aid. Ergo, budgets are being cut across the board.

Anybody else taking a direct hit? (aside from almost all of us seeing our retirement accounts down significantly)