Wait first, don't jump to conclusions and just relax.

For what it's worth, I'm from last year's intake. My current TL is some guy from India and he basically told me the same thing, next week got some big meeting and changes.

But I tell you guys first, they wouldn't take us in just to lay of us off lol that makes no sense, if anything, they will lay off the India side first because a lot of them are contractors.

Just relax and wait.