That's pretty much the long and short it of.
Although my new would-be boss sounded very sincere about his regrets over cutting me, it all came down to who was low man on the proverbial totem pole. And that was me.
In a way, I don't feel as bad as I should; the co-worker of mine who is taking over my job is battling both cancer, and a heart condition. And were he to have been the one whacked today, and lost his insurance coverage (which covers his $5,000 per month chemo treatments), it would have been curtains for him in every sense of the word.
So we go on from here once more...