Voluntary layofffs / packages is the dumbest thing a company could do. Great for those that go voluntarily (usually the smartest and brightest), but what is left are not the smartest or brightest and would not be able to find a job anywhere else.
An interesting angle, @1nbu+18Kqf4EA. It's a pity that the leaders of the company do not see it this way. Paradoxically, due to short-term gains, they neglect the irreparable loss in human capital. For a better future, good management should be putting more efforts at the long run.