Another round of layoffs - what's the endgame here?

Just saw the WARN notice for another 54 folks on Feb 22nd. That's on top of the bigger cuts we've seen. Honestly, feels like a constant churn these days. Been here a few years and it's starting to feel unstable. Are they just bleeding talent until something gives? Feels like the focus is constantly shifting and I'm not sure where we're headed long term. Anyone else feeling this unease? It's hard to stay motivated when you see headcount being slashed regularly. Makes you wonder about your own job security, even if you're not directly impacted yet. Curious to hear what others think is going on behind the scenes. Is this a strategic move to cut costs before a sale, or are they just struggling to find their footing in this market? Getting a bit frustrating to be honest.