Bumped into a friend in the recruiting business and he tells me huge layoffs coming in big pharma, Pfizer, etc.
http://www.fiercebioresearcher.com/story/pfizer-r-d-staff-braces-substantial-layoffs/2008-10-21
http://www.fiercebioresearcher.com/story/pfizer-r-d-staff-braces-substantial-layoffs/2008-10-21