> High performers aren't getting let go, even if they are in department being cut, they will be moved.

Wishful thinking. I just survived (yet another) round of layoffs. They are desperate to bring headcount down. If a whole team is being cut, everyone goes.

It's really a question of how flexible upper management is in the numbers they set out. If there's wiggle room - sure. They will try to find a place in an adjacent team. But if the whole department is getting slashed, there is no adjacent team.