Elevance: Significant budget cuts rolling out across departments?

Hey everyone, been with Elevance for a few years now, and things have felt... different lately. My team's been hearing whispers about pretty substantial budget cuts being implemented across multiple departments. It started with hiring freezes, then a halt on travel and training, and now some projects are being shelved indefinitely with no clear timeline for resumption. It's creating a lot of anxiety, as you can imagine. People are talking, and the general vibe is that this isn't just a minor reshuffle. Has anyone else experienced or heard about similar budget tightening or project cancellations in their area? Trying to gauge if this is a company-wide thing or isolated incidents. The lack of clear communication from leadership is making it worse. Feels like we're all walking on eggshells.