The atmosphere is very tense. There are many red flags that there could be cuts. I hope everything will turn out for the best, but I am preparing for the worst.
I've been seeing open (some already filled) positions for senior/experienced level positions (in the US and Europe) around Cloud, I know because I've been asked by acquaintances that were interested (and that curiously had a much rosier view on SAS than a lot of us, grass is greener and all that). I suppose there could still be cuts, but it seems to be dependent on the area.
Now that I think of it the above could be a result of the IPO, which would mean that the wheels were in motion since at least January. Or it's just business as usual.