More coming. Also more sales of business units coming. They need to strip the fact and add shareholder value fast. Best advice is if you're scared or worried, you should get out. You're probably on the chopping block.
@11l2t4CH-5wns said it best. Things at Change are changing (no pun intended) and not for the better. We'll be seeing plenty more of both layoffs and closings. If you get an opportunity to leave, grab it.