Cadence - Performance review cycle and potential impacts?

So, performance review season is upon us at Cadence, and it feels like there's more pressure than usual. My direct manager hinted that 'tough decisions' might need to be made based on performance this year. This is on top of the general feeling of unease I've been sensing across the company with some recent internal communications being rather vague. I haven't seen any official layoff announcements, but the language used during reviews is making me nervous. Has anyone else heard similar things or have experience with how Cadence handles performance cycles that might lead to headcount reductions? Trying to gauge if this is standard year-end pressure or something more significant. Any intel on this would be super helpful.