Layoff rumors at Lam Research - anybody have intel?

Throwaway account here for obvious reasons. Hearing some serious rumblings about potential layoffs at Lam within the next quarter. Not just the usual industry slowdown talk, but specific departments being named in some of the internal discussions I've overheard. It seems like the Q1 earnings call might have been a bit of a wake-up call, and now leadership is looking at cost-cutting measures. I haven't seen any official announcements, but the chatter is getting louder and more specific. Has anyone been through something like this before at Lam? What was the process like? Trying to get a heads-up on what to expect and whether to start dusting off the resume. Any insights would be greatly appreciated, even if it's just anecdotal. Don't want to cause panic, but better to be informed.