They are doing public announcement towards the end of the week from what I've heard. 30-40% of management to be "restructured" (aka "your position no longer exists") at least that's how all of the stores we have friends in have been so far. Doesn't seem to be affecting HR (I think they got "restructured" a while back from what I recall) or restaurant division people though. The one Rack we have friends at in management is also having restructuring happening as well to have less managers on the floor so it sounds like this will be affecting more than just full-line.
Bumped from @XPSFdey-6mdt for important info.