Anyone else seeing weird team shuffles/role changes at X lately?

Been hearing some whispers and seeing some odd role reassignments internally. It's not like official layoffs are announced, but it feels like things are being shuffled around pretty significantly. My team's project got deprioritized overnight, and a few people who were key to it are suddenly working on something completely different, almost like they're being sidelined. It's creating a lot of uncertainty and honestly, a bit of anxiety. Is anyone else experiencing this? Are these subtle 'performance management' situations, or is something bigger brewing behind the scenes? Trying to gauge if I'm overthinking it or if this is a pattern others are noticing. Doesn't feel like a typical 'reorg' either, more like individual shifts. Makes you wonder about the long-term stability of certain functions.