Gen Digital - Increased focus on 'cost optimization'

Lately, I've been hearing a lot more talk about 'cost optimization' from different teams, especially during all-hands meetings. It's not just general budget talks; it feels more pointed, like they're actively looking for areas to trim. We've had a few presentations on 'streamlining operations' that felt a little too detailed for just standard business practice. My manager is suddenly really keen on tracking every little expense, down to software licenses and cloud spend. It feels like a precursor to something, and not in a good way. Is anyone else noticing this heightened awareness around costs, and if so, what's your take? Just wondering if this is a company-wide thing or if I'm in a department that's being singled out for some reason.