The management team is meeting right now to go over staff cuts. Last I heard from my boss is they value my work and they are looking for a way to keep me. Let's hope they found one.
Surprisingly, I'm pretty calm. I wonder if it is because it's been just over a year since my last layoff and everything turned out fine...well for now.
Update: I'm safe. My position is funded for now until the end of 2016 when they will reassess funding. I'll take it.