MetLife - Anyone else's projects suddenly getting deprioritized?

Has anyone else's team or department experienced sudden project reprioritization or funding pulls recently? I'm in [Department Name, e.g., IT/Operations/Marketing] and we had a major initiative that was greenlit just last quarter, now it's suddenly 'under review' and we've been told to 'pause non-essential work' on it. The communication has been really vague, just mentioning 'evolving market conditions' and 'strategic adjustments.' It's causing a lot of confusion and frankly, some anxiety. People are wondering if this is a precursor to broader cuts or just a strategic pivot. We haven't heard anything concrete about layoffs, but this feels like a significant shift. I've been trying to get a clearer picture from management, but the answers are all very high-level and don't really address the 'why' behind the sudden change. Is this happening elsewhere in MetLife? Or is it just our corner of the business? Wondering if I should start dusting off the resume or if this is just typical corporate flux. Let me know what you're seeing.