Trimble: Increased workload and lack of hires - a layoff precursor?

Been at Trimble for a few years now, and lately the workload has been absolutely insane. We're constantly being asked to do more with less, and there haven't been any new hires on my team for over a year, despite attrition. Several people have left, and their roles just got absorbed. It feels like management is trying to squeeze every last drop out of the existing workforce before making any big decisions. Performance reviews are coming up, and while mine was fine, I've heard from others that the feedback is being framed around 'efficiency' and 'resource optimization.' It’s making me nervous. Usually, when things get this stretched thin and hiring stops completely, it's a sign that something bigger is brewing. Has anyone else seen this pattern before at Trimble or other tech companies? Wondering if this is a deliberate strategy to improve margins or a lead-up to workforce reduction. Any insights would be appreciated.