I think it is an example of a larger industry wide trend. My company is in a similar mode of trying to be lean as possible. New contracts seem to be getting

I think it is an example of a larger industry wide trend. My company is in a similar mode of trying to be lean as possible. New contracts seem to be getting stalled. We recently had an unexpected round of layoffs. Profitability is fine, but there seems to be an expectation of a slowdown.