Budget tightening for Q3—should we be worried?

I’m seeing a ton of projects getting hit with 're-prioritization' notices this week. Usually, that’s corporate speak for 'we’re running out of runway.' My manager wouldn't give a straight answer when I asked if we were still getting our full headcount for the expansion team next month. Instead, I got a generic lecture about fiscal responsibility and being 'lean.' If you look at the recent earnings call, the focus on cutting operational costs is being pushed harder than the actual innovation roadmap. It feels like a powder keg waiting for a match. I’ve been keeping my resume updated just in case, but I wanted to see if anyone else has heard anything concrete. It feels like the calm before the storm.