Wow, what a rollercoaster ride 2008 was; in so many ways. The world faced the biggest financial crisis most of us have ever seen in our lives, the balance of power in the world shifted significantly and fuel prices both had an all time high and a 5 year low in the same year. Crazy times. And I think we haven't seen the end of it yet.
It's hard to analyse what the exact effect of all of this is on our own industry. If you look at
TechCrunch's layoff tracker, it is clear that IT was not left unaffected. Several companies that are close to the PHP community have seen layoffs: SUN, current owner of MySQL, laid off about 5000 jobs; Yahoo, the biggest PHP user on the planet, laid off 1500 and even Zend was troubled by layoffs this year.