When the company has to go into debt (e.g. bonds) and sell assets (e.g. pipeline) just to make its dividend payment(s); layoffs and cuts to benefits are coming in a big way. Hang into your hats, as the US expats are on a high speed exodus out the back door.
Exactly what @qfz+17XZqR3K said. It might not happen this year, but it's coming. Everybody should be prepared.