Conference call and announcement came out at 8AM. One VP retiring, but staying on for now as a consultant, others protected (no surprise there) although moving around a bit. Managers on calls all day advising teams whether they have their job. Some notifications are taking place tomorrow. Most people will keep their jobs, there will be some job openings, some positions are being eliminated. Im told many of the eliminations are personal although they'll say 'its just business'.
Bumped from @11gtX3Kk-3jmy for info.