Third round of cuts this year? What's the endgame?

I’ve been tracking the headcount at the NW Houston campus and it feels like we are seeing a 'death by a thousand cuts' strategy. With 174 people let go on July 9th, that brings our total reduction for the year into a really grim territory. At what point does management realize that you can’t just cut your way to profitability while expecting the remaining team to pick up double the workload? The morale in the building is non-existent. We’re losing institutional knowledge that takes years to build, and for what? Just to make the quarterly report look a little cleaner for the shareholders? I’m starting to think that even if you survived this latest round, it’s only a matter of time before the next wave comes through. I’m already dusting off the resume and updating my LinkedIn. It’s clear that 'efficiency' is just the new corporate speak for 'running the place into the ground.' Has anyone heard any whispers from the floor about a fourth round, or are they claiming we’re done for now? I personally don’t trust a word coming out of corporate communications anymore.