When corporations combine there are usually instances of redundancy. In these cases the acquiring company has a mandate to reduce the number of employees performing similar jobs. Managers are not immune, they too face the same challenges where redundancy needs to lay off or may require taking on a lesser role within the organization. sometimes at reducing pay. While you may not be on the unemployment line, it is still best to take a look at your finances and determine if you will be able to pay your expenses, should you be laid off and have to collect unemployment on the other half those with the most knowledge, and in-demand skills often remain. You maybe one of the employees needed for a new role within a much larger company. This may lead to an opportunity with an expansion in your role, or even a promotion.