Anyone else feeling the pressure of 'doing more with less' lately?

Lately, it feels like every project, every task, has this underlying theme of 'we need to do this with fewer resources.' I'm not seeing any major official announcements, but the subtle shifts are really starting to add up. My team is already stretched pretty thin, and now we're being asked to take on additional responsibilities that were previously handled by other groups that seem to have... thinned out? It's not just anecdotal; I'm seeing more cross-functional meetings where the focus is on consolidating efforts and identifying 'redundancies.' Not sure if anyone else is picking up on this, but it's making it hard to focus on the actual work when so much energy is going into figuring out how to cover all the bases with less manpower. Feels like a slow-burn situation.