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I've been hearing the exact same thing on the ground. When leadership starts throwing around terms like 'operational efficiency' and 'realigning resources,' it is almost never a good sign for the rank and file. My skip-level manager did the same thing—totally dodged questions about Q4 and looked like a deer in headlights when asked about hiring freezes. The silence from HR is the most telling part. Start polishing your resume now, because the writing is clearly on the wall and you don't want to be caught off guard when the 'reorganization' officially hits.
Honestly, don't overthink the ghosting; managers are often just as in the dark as we are until the very last second. They get the talking points handed down from high above and are told to keep quiet to avoid a mass exodus. I've been through these cycles before, and the pattern is always identical. Focus on documenting your current projects and keeping your LinkedIn updated. If the rumors are true, it’s not personal—it’s just the standard corporate cycle of trying to pump numbers for the end of the year.