Got fired from my last job for them not having enough work for me. Felt pretty bad about that because it was my first job and I didn't really feel that I had learned enough to be a capable developer. Found a better job in 2 weeks :)
Last thing I heard they also are letting go one of the most capable and senior developer I know and had already fired the interaction designer/graphics girls. They're down to 5 people now.
Based on my limited experience I would say it's usually a pretty bad sign if there's not enough work for the developers...