No xmas party, no yearly bonus. On the upside, I'm still 100% employed so I'm happy. However, I work in the architecture/engineering industry which will likely be hit pretty hard so who knows what the future holds. I work my arse off and I think it shows so I'll most likely be ok unless the company closes or something.
I work for a state that is in a pretty good position budget wise. The governor just put through more budget cutbacks at the last moment (last night) and completely got rid of all new funding we asked for including one position change from part to full time which worked out to about .0005% of what was cut...grrr. Additionally he cut pay increases while also saying we were doing pretty well because at least we all still had a job. While true, that ignores the fact that I get paid 25% less than the market norms in the region and because of that they have a HUGE problem attracting people and keeping those that they do.
Edit: I should add that everyone has a one year probationary period at hire, so everyone still on that is a tad worried as the state could just get rid of us with no warning.