Because this is just the beginning! Some uplifting, cuddly words from this Ad Age piece on the current media downturn:
For those dumped on the street, even with decent severance packages, it’s
not clear where to look. “My general sense is that people are in a bit
of denial about how bad it is and how much worse it will get,” said one
person recently put out of a magazine job. “Of course, once the
severance checks stop coming in a few weeks, the freakout will really
Spam, anyone? Apparently it’s what’s for dinner.