I was laid off close to my 10 year mark.
I liked working there, it was a great place. It was also however like a warm blanket for a long nap. Do not ever get complacent at work.
You may think you are super well positioned and a high-value employee – yet, do not count on it. Two quarters earlier from my layoff, I received a fairly large company award. Two quarters later I was laid off.
I don't regret the time I spent at here at all, but I would advise everyone to not underestimate that you can easily be laid off… Just a few short months after even your best performance… I was amazed at the opportunities and awesome jobs out there. However, do not get too comfortable as complacency will cost you in the long run...
If you do remain to be up-to-speed and maintain your technical/business relevancy, everything will be just fine. Yet, if you spend your time not pushing yourself, you will pay for it later. So, my two cents: use your time wisely your time for your advantage.