I calling this B.S. Not because layoffs are not going to happen, I think its very likely, but because you imply that Orgo management plans that far ahead of time. Orgo management is reactive, not proactive.
Unfortunately, i had some close exposure to the last round of layoffs. I know for a fact that the decision was made in a very short time. Even higher-ups who were in the loop admittedly were not prepared. The decision was made in a short amount of time. matter of weeks not months.
One red flag to note is that they pushed the employee reviews, bonuses, promotions later than usual...ect. I think they want to clean the house before that.
To be fair there is tons of dead weight in Orgo. If you are someone doing something useful, you shouldn't be very concerned.