"For those of us who work in Manhattan media, it means that a life of occasional excess and prerogative has been replaced by a drum beat of goodbye speeches with sheet cakes and cheap sparkling wine. It’s a wan reminder that all reigns are temporary, that the court of self-appointed media royalty was serving at the pleasure of an advertising economy that itself was built on inefficiency and excess. Google fixed that. "in reference to:
"Earlier in November, the New York comptroller said that employment in communications in New York had lost 60,000 jobs since 2000"
- The Media Equation - For Media, a Sunset Is Followed Quickly by a Sunrise - NYTimes.com (view on Google Sidewiki)