Between this and the news about Rhythm & Hues, this industry is looking pretty dire lately. It used to seem that while most VFX houses were in constant turmoil, artists working contract to contract with long layoff periods in between, places like Pixar and Dreamworks were "safe havens." Not so much, anymore.
As a working professional animator myself, my advice to aspiring animators? Don't do it. Or if you really must work in the business, then as Scar in Lion King said: "Be prepared."