Many companies seem to get rid of their veteran employees (10 years) for cheaper, younger , inexperienced employees and EXPECT things to run the same. I don't even think they review them to see if they are someone they really need to keep, just see that they have been with the company so many years and are costing them so much $$ in salary. It is retarded how management works these days. The era of corporate downsizing/mergers has ruined what was left of any critical thinking on the part of management.
Sounds like a company I was consulting for back in the late 90's. They usually did their "Yearly Downsizing" at Christmas Time. One year they laid off the ONLY person, with about 25 yrs experience with the company, who understood the database system that tracked about 3 billion in products from their factories. Naturally, they expected us, who took over that program, to contact him and bring us up to speed. Obviously, the man was not happy about it.
That's not the way it works. First, they are supposed to tell Ted that his job is redundant, but they will promote him to a better position as soon as he trains up his counterpart from the merger. This gets Ted motivated to train up his counterpart as fast and thoroughly as possible.
Then, after the training is complete enough, this comic line happens.