Workday 'Efficiency' - What's the real story?

Been with Workday for a bit and lately, it feels like we're being squeezed. More work, less resources, and constant talk about 'optimizing' the workforce. Saw some older posts about potential layoffs and hiring overseas to cut costs, and it feels like that might be ramping up again. My team is already stretched thin, and the pressure to do more with less is palpable. We're hearing a lot of corporate speak about 'streamlining operations' and 'enhancing productivity.' It's hard not to connect the dots between this rhetoric and the general unease I'm sensing. Anyone else in a similar boat? Any whispers from leadership or managers about what these 'efficiency drives' actually entail? Is it just a cost-saving measure, or is something bigger in the works? Curious to hear if anyone has concrete information or insights, rather than just the official PR. Feeling a bit blindsided by the lack of transparency.