As so aptly put by my co-worker, we got update emails from my previous employer late yesterday afternoon. It would seem that due to the economic meltdown, our multi-national client drastically cut scope, with predictable result being that most of us contractors are ix-nay for "the next phase".
While I am generally worried about where my next job is coming from at this point (it's been a month already of the sending off the applications, cold-calling, and following up routine), I can honestly say "Good riddance" to that project. Not that I let more than a 2% of my brain retain hope that I might get rehired come August, mind you, but there was some solace in the potential.
At least I can finally delete a few GBs from my cantankerous, outdated laptop, and get the required technological closure. I'm still waiting to hear whether the Content Manager will be providing me with a letter of reference. Let's hope she has enough class to do so, although the odds in that department aren't good. Anyhow, wish me luck in the job search!