Schwab's latest round of cuts - what's next?

Just saw the news about another ~63 people gone as of May 31st. This feels like a regular occurrence lately. It's getting hard to feel secure here, honestly. I keep wondering if my department will be next or if this is just a constant optimization process. Anyone else feeling this level of uncertainty? It's not just the fear of losing your job, but the impact on workload and team morale when people leave. Feels like we're expected to just absorb everything. Wondering what the long-term strategy is behind these frequent, smaller layoffs instead of one big one. Seems like it just keeps people on edge.