OK, you may be waiting for your layoff package and moneywise that looks like the best option for now. But once you are cut, you will be going to other cos to interview and you will have to explain something about your layoff.
People who are laid off certainly do not make a great impression at interviews.
Consider trying to take control of your life, updating your skills and your resume and proactively looking for another job. You will appear to be the smart person who realizes you are working for a failing company and is doing the right thing for your career.
Getting laid off by a failing company is not a great thing to discuss at your next interview.