Keep an eye out for web sites going down as the recession spreads. I’ve read reports of two sites related to universities closing in two days. JuicyCampus, a much-hated campus gossip site, is shutting down because of lack of revenue; and Ruckus, an mp3 subscription service for campuses, is closing for unknown reasons.
These sites were probably close to the edge already, so losing them might be No Big Deal. But if advertising revenue dries up, other sites could close or move to a subscription service. Google laid off recruiters and there are rumors that it might be cutting up to 1000 engineers.
Watch the blogosphere to see what washes up.