Happy holidays and happy new year. There is nothing you can do right now (other than work on resume) so enjoy the holidays and your family/friends
Rumors saying (take what it's worth), RIF lists are due today:
1) Departments told up to 25% cut (my guess is they will just cut 1-3 ratings until they meet their number, don't know if it all be in one chop or if they will do it in phases)
2) Some VPs made list without input from their direct reports (who would be managing the impacted person), which is really bad but par for the course here
3) Company is too top heavy so expect VPs/Sr directors to be cut
on a related note:
1) Lots of leaders have NOT been told yet to calibrate ratings down. Which could mean A) it doesnt matter since RRP/raise will be little to nothing, or B) they will do it last minute in January