SBD Industrial Division - Feeling the Squeeze?

Has anyone else in the industrial side of Stanley Black & Decker felt a significant shift recently? It's not just budget cuts, it feels more like a strategic overhaul. We've had a few senior managers leave abruptly over the last couple of months, and there's a noticeable hiring freeze in most areas. Perks seem to be quietly disappearing too – less travel budget, tighter expense approvals. I'm trying to gauge if this is a company-wide thing or if the industrial division is being singled out for some reason. No official layoff news, but the quiet streamlining is making me nervous. Has anyone had conversations with their managers that shed any light on the direction things are heading? Trying to prepare myself mentally and professionally if things do accelerate. Any insights from others navigating this would be appreciated.