That's a version of this which doesn't stress out employees so the best ones don't jump the ship at first occasion.

Our org went through something similar some 6 year ago, and it was a stark contrast with previous frequent firing rounds when nobody would be secure, sometimes even best within given team were let go (ie due to current allocation issues).

But this can replace small firing ie up to 10%, not when you are doing stuff musk-style.

I'm pretty sure that's what Meta was doing 3-6 months ago, so it may still be coming.