Upper management admitted circumspectly to a co-worker that the goal of the recent draconian changes is to get folks to exit voluntarily.
Additional warnings of RIFs are being made if unrealistic performance metrics aren't met. Granted, they do have plenty of dead wood which has been allowed to float for years. Waiting to see if the chronic underperformers will be targeted. Most likely not since one segment of the population is disproportionately represented. I have seen these folks get promoted despite not knowing rudimentary aspects of their job despite years in the position.
My recommendation is plan defensively. No one cares about your well being. Period.