Re:I know the feeling. (Score 2, Informative)

Same here.

Our IT department was outsourced to HP several years ago. At the time I was glad I was not in the IT department, although I work mostly with IT things.

In the meanwhile my view has changed completely:
- the people who were outsourced have safe jobs at HP. Some changed to better jobs inside HP, others are still doing the same job.
- My own company has started moving everything offshore and laying off more and more people. No chance of any career or promotion any more.
- The people who stayed are now fighting for their jobs every day, while the people who were outsourced have safe jobs and can even move to other parts of HP.

If you are asking for advice:
- Don't Panic
- keep your CV up to date (this is always good)
- see what HP offers to you. Usually they pay the same, but raises and promotions may be handled differently.
- Quickly Switch to HP mentally: you should now do what is best for HP, not what is best for your old company.
- look for a career at HP: they will probably offer better opportunities than your current employer.