Job Security

It seems like no one's jobs are secure these days, not even in big and established multinationals such as ours. We recently heard that the whole IT business service section was being outsourced to IT providers such as http://www.consonus.com/. Even people in the business are fearful for their jobs as jobs are getting moved to cheaper locations. It seems like its getting harder to make a living these days! Are you having the same in your own company?