Told to start looking. Cuts are coming. Can't say more don't want to give away my manager. I asked if he knew for sure. He said look if its not the end of the quarter its just a matter of time and we should start actively looking.
He only gave me this information after I seriuously pressed him. He said there is nothing official, but the writing is on the wall and he was told cuts will come each quarter based on revenue goals we are not hitting.
No one hires during the holiday season so its time to get serious.