@ Out of the Fire...
AC - believe what you want, but from a 10 year+ EDS employee who was saying almost the same thing a year ago i.e. "Ha HP can't possibly be as bad as EDS..."
Don't look back and don't stop to pick up your belongings
Every rumour you heard is true, you are about to either wind up doing way more work as you lose an unsustainable amount of colleagues, or you're about to wind up on the same job pile as them
Get out while you can, get out first while there are still jobs available
My job is safe but I'm applying for work with a 15% pay cut just to get out of the dysfunctional hell EDS has become