Middle management seems to be panicking over Opex

It’s getting ridiculous. My director spent twenty minutes in our weekly meeting harping on about 'cost discipline' and how we need to trim the fat on project budgets. The irony is that we are being asked to deliver on tighter timelines while they simultaneously slash the budget for the tools we actually need to hit those marks. It feels like they are creating a paper trail to justify why performance might drop, or worse, setting the stage for restructuring. Every time the word 'optimization' comes up in a presentation, I know my team is about to have a rough month. Is anyone else seeing this heavy-handed approach in their specific org, or is this isolated to the industrial group? Tired of the constant pivot to survival mode when we're supposed to be focusing on long-term innovation.