Principal Financial: Just rumors or something more concrete about potential layoffs?

Hey everyone. Been seeing a lot of chatter across different platforms, and even within my own team, about potential layoffs at Principal. Nothing official from leadership, of course, but the whispers are getting louder. Some people are talking about budget cuts in certain departments, others are mentioning a restructuring. Has anyone heard anything more concrete or have any insights into what might be happening? I'm not necessarily panicking, but it's hard to ignore the constant speculation. Trying to get a sense of the real situation beyond the rumor mill. Any information, even anecdotal, would be appreciated.