It's time to for all those who work in corporate to wake up from the delusional haze that you are viewed as anything more than head count. You are a "Human" resource. Period.
Years of service and loyalty are meaningless in large, publicly traded companies since the constant quest to increase market share leads to constant mergers and aquisitions which always lead to severe belt-tightening and resource reduction.
As a consultant I have replaced many permanent employees over the years which has given me a certain perspective for any job I take - everyone is expendable. It would seem that most corporations, especially in the current job market are unconcerned with loyalty or morale based on how they treat their employees.
You may feel betrayed or unappreciated when cost-cutting measures are put in place that affect you but in the eyes of a shareholder of HP's stock Mr. Hurd's efforts to increase value are highly appreciated.
I have no expectations other than to be paid for the work I do. I perform at or above expectations and absorb any new technologies for my own benefit and to increase my marketability. That the company I work for likewise benefits from this work ethic is purely a side-effect. Recognition for a job well done is irrelevant unless it is in monetary form. As far as I am concerned this is purely a business relationship.
I have learned to embrace transience after the internet bubble imploded. Remember folks, it's just a job. Don't make your job your life or you will end up like these sign-wearing sods:
I hope that those of you victimized by this merger can still enjoy the holidays with loved ones even though you may have to do some cost-cutting measures of your own.