I think it's safe to say the lists of people they are going to let go are already drawn up, the company is just pending the next set of financial results before the decision is made, and that cycle will continue indefinitely. Most employees will be able to see where they fit into those layoff lists based on if they were furloughed during the covid crisis in the first place, (rather than being considered an essential employee and kept around for that period) and the order in which they were brought back, so my advice is to plan accordingly. Anyone that thinks they have a long term plan here is disillusioned anyway, and this is not a place to grow out a career. I have seen a lot of top tier talent discarded after long periods of success in the company. There is a very nasty managerial culture, nothing is merit based, rather based on legacy friendships and favors done between people at the top, making it a truly rotten organization.