The economy shows its ugly face again. Marc Jacobs has cut the number of invitees from 2,000 to 700. The usual body count is usually 1,100 sitting and 900 standing, but after the cuts, the figure will be around 500 to 700 sitting while 200 will be standing(all of the standing spots are going to employees). Apparently, the cuts are to save money because he'd rather cut costs than jobs. "This isn't the time to spend the money to entertain the entire world…. Everybody thinks it costs the same money to entertain 500 people as opposed to 2,000" Jacobs's business partner Robert Duffy said.