Northern Trust: Layoff rumors - what's the scoop?

Okay, I'm going to just put it out there. I've heard from a couple of sources, not direct but close enough that I'm starting to believe it, that some layoffs are happening or are imminent at Northern Trust. No specific numbers or departments mentioned, just a general 'cost-cutting' or 'performance management' type of situation. It's frustrating because leadership isn't being transparent. We get the usual platitudes about 'adapting to the market' and 'investing in the future,' but it feels like code for something more significant. I've been trying to connect the dots based on what I'm seeing internally – fewer open reqs, some roles not being backfilled, increased workload on existing teams. Has anyone else heard concrete information or experienced anything that confirms these rumors? Trying to prepare myself and my colleagues if this is indeed the path we're heading down. Appreciate any and all insights, even if it's just anecdotal observations.