Partygoers, Caterers Miss Companies' Holiday Frills Corporate holiday parties usually dot the landscape this time of year. But listeners have e-mailed to say a lot of their parties have been downsized. Ed Fasani knows what that's like. He's a caterer, and business is down about 60 percent this year. Fasani says he's had to lay off staff and has even taken a night job to make ends meet.