Worked @ DVN for 14 years. Loved this place and got let go with the WPX merger. Chances are the cycle will continue and the longer you are there the greater the chance you will get let go. It is sad, real sad. In my tenure there my department had 11 different (transformations, staff reductions, layoffs or merger let goes). The company benefits were outstanding but the stress of layoffs beat you down.
@Oqng+1kX5NWdw tells the truth.