I don't think they're going to have layoffs all in one big chunk anymore. It's going to be a rolling effort, with departments and personnel being eliminated on a continuous, as-needed basis.
This is exactly what I'm afraid of. At least with regular layoffs we know when it's going to start and we know when it will end. Like this, layoffs are omnipresent. I hope this turns out not to be true, bu tall signs point to the opposite.