Don't kid yourself.
Cuts are coming.
Not trying to scare folks but it's the only way to save $4B.
Some of that will come from the sale of some businesses like insurance. But most of it will come from employees being let go.
Even if you think your job is secure, take charge of your career and be ready in case.
Many times good people are let go simply because the executive management said we are cutting X and so we need to fire X number of people.
It's a stupid strategy as you can't cut your way to long term profitability but the shareholders will like it.