Am I the only one feeling the pressure cooker environment?

Lately, it feels like every single project is on a super aggressive timeline. We used to have a bit of breathing room, but now it's like we're expected to deliver twice as much in half the time. Managers are constantly asking for updates, and the sense of urgency is through the roof. I'm seeing people pull longer hours, and the stress levels are definitely higher than I remember. It's not just one or two projects either, it seems to be across the board in our department. Is this a company-wide push, or is it just my specific team getting squeezed?