Once IT Business Decision day and end of quarter is done the RIF targets will be set. Then the RIFs should start. The IT volunteer RIFs at least for Applications IT area were from end of June to July 21 or 22 if I recall. Shortly after that the non-volunteer RIFs occurred and exits started. Most volunteers I knew left end of August end of September and a few end of October so they wouldn't get 401k match
We should expect the same this year. The productivity targets were as high as last year. And BTW productivity targets can be any type of cost reductions but usually are Americans salaries and occasionally Canadians and Europeans.
Hang tight and exits should be in sight in 4-8 weeks... by end of July for sure
Reposted for important info from @Zpu3yET-cajt.