Layoffs were once a year for years then stepped up to twice yearly. Just s matter of time before your numbers up. Don't kill yourself working mass hours like I did. I was also surrounded by competent people who did the same. We are all gone. Nobody cares. No time to sort through who to keep who to let go.
In fact, I was let go in the middle of managing out what had to be one of the most incapable performers in my Dept. Seemed to be operating at a grade school level. That person survived a couple of years longer than I! You have to laugh at the absurdity