Complete bust! Assistants are constantly on the chopping block. Well, the not so good ones are constantly on the chopping block.
The position is no longer about typing and answering phones. No longer does wearing a suit every day make you an exceptional assistant. Assistants now have to become an extension of the executive they support. The majority are incapable.
As a result, corporations are not placing much value on assistants and doing away with the position. After all, who would pay $52,000 a year for someone that answers a phone, types, and wears a suit to work?