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It is definitely happening across the board. I had a workshop request denied last week despite it being directly tied to a project deadline. Management keeps preaching about growth and innovation, but the reality on the ground feels like we are just being squeezed to hit arbitrary quarterly targets before year-end. When they start cutting travel and training, it is almost always the precursor to a broader headcount reduction. Keep your resume polished and stay alert because the optics right now suggest they are prepping for a lean Q1.
Same thing here in my division. I was told we need to be 'more strategic' with our spending, which is just corporate-speak for 'no travel allowed.' It is incredibly frustrating because it hinders our ability to actually network and stay competitive in the industry. They want top-tier results but refuse to fund the necessary professional development to get there. Whether it is a full-blown restructuring or just end-of-year accounting games, the morale impact of these freezes is undeniable. It is hard to feel like a priority when you cannot even leave the office for essential industry events.