Probably not uncommon. My final year at my last employer post re-organization and other changes was cold-hearted money extraction for (generously) part-time work. I was sort of disappointed I didn't get a package when they laid a fair number of people I worked with off. But I took a hard look at my vacation balances, upcoming holidays, RSU vesting, etc. and decided to coast for about the next year which, as it turned out, was just about the point it would have been difficult to continue on with no real job not that I would have wanted to.
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