[itg]

Sounds to me like it's going to be either take the "voluntary exit" with the severance, or if you don't then eventually get let go without one.

[plorkyeran]

Voluntary exits are pointless if you're planning to lay off the entire team. It usually means that they're keeping part of the team, and want to make sure that they keep the part that'll actually stick around.

[musicale]

> want to make sure that they keep the part that'll actually stick around

The part that can't easily get jobs elsewhere?

[dntrkv]

It's most likely an attempt to give low performers (if you received a bad rating for last year) a chance to leave on your own terms before they lay you off.

If I was in that bucket I would definitely take this offer.

Looks like all the large tech companies are doing aggressive stack ranking right now.

[ryandrake]

The job market is terrible right now. More likely the high performers will take the offer because they believe they have better chances of being rehired somewhere else. Good luck to them though.

Assuming the events are independent, P(you get laid off) x P(you don't find a new job) will always be less than 1.0 x P(you don't find a new job)

[eesmith]

Don't forget to factor in unemployment benefits, which typically don't apply if you quit.

[mandeepj]

Severance would be there even if you are let go i.e laid off

[Suppafly]

>Severance would be there even if you are let go i.e laid off

Depends on their employment contract, I don't think it's necessarily guaranteed.