What does it mean when you are totally relaxed and totally scared at the same time?

this woman has been starting rumors about me at work, and although the boss is a truly genuine, truly honest person (which means I think she can tell the real from the fake)..but lately she has been hanging out with the person who has been smearing my name, and I wanna have a little talk with the boss just to basically say "look, no matter what you heard about me, it's not true"..but somehow I am picking up the vibe that I really don't need to do that cause it will just look like a cat fight between 2 individuals...anyway layoff is coming around and I think I may be on the line ONLY due to the rumors....but part of me is saying that the boss can see through the other person..what is your advice at this time - thanks
 
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