I remember in the early 90's TXU (TU at the time) laid off and bought out a lot of the employees with a lot of time in. It Looks like they are going to screw the long term employee once again. I would suggest that you look for long term work elsewhere. Over the last 20 years I have worked with a lot of ex-TXU employees that have moved on to other companies looking for a job with dependable benifits.