TI Project Freezes & Hiring Slowdown - What's Going On?

Hey everyone, been at TI for a few years now and something feels off. Been hearing whispers and seeing signs that a lot of new projects are getting put on indefinite hold or outright canceled. Hiring seems to have screeched to a halt too, especially for experienced roles. My team's roadmap is looking pretty bare for the next year, which is a huge change from how it used to be. Normally, even if things were a bit slow, there were always new initiatives kicking off. Now, it's just... quiet. Anyone else in a similar boat or have any intel on what might be happening behind the scenes? Is this a company-wide thing or just certain divisions? Trying to get a sense of the broader picture before things potentially get worse. Not necessarily worried about immediate layoffs, but this feels like a precursor to something. Just want to understand if this is just my perception or if others are seeing the same trends.