I heard from some HRs that nowadays they have reduced the time on bench and will start rolling out the layoffs for those employees as per ne

This is true.I work hard and do not want to get reduced VP because some people think this is Govt job.

No such information yet, But honestly non productive employees who are proving themselves as a liability than asset, and enjoy the fruits of other hardworking employees than they should

Yes all those who are enjoying on expenses of hardworking employees are going to be terminated soon ...