Don't expect magic. I will probably slice and dice the organization in a way the people who's "got what it takes" will feel energized and engaged for the long run, and the people who think the workplace is a country club will leave on their own.
Also, whoever thinks that you can just sit tight and await for a severance package if you "don't qualify", you will realize that you will end up leaving on your own because you will not stand the rigor, the rhythm and the real work.
In the meantime, update your resumes. The old lazy days of working at Target are over.