A scheduled mandatory nationwide conference call, followed by a lot of "hush hush" from store management until the call. The managers may not know details, but they didn't get their jobs by being stupid. They know something is in the works.
One thing is for certain: When the time comes for your job to be cut, your performance will have absolutely nothing to do with saving it. It will be all about who's butt you've kissed.
If you are good at your job, and proud of your work, either go find a new job now, or accept that you need to start kissing keister. Marvin's podcast lies don't pay the bills. Don't wait for the ax to fall. It's always easier to get a new job when you already have one.
Found this to be a truthful post that was worded up excellently. OP is @Yc5XxK6-5max .