According to Kotaku, there is an voluntary resignation program at Ubisoft right now.

A company I do contract work for has done something similar where they made offers to long term employees to "retire" with the not so subtle suggestion that if they don't accept they might be part of the "downsizing" plans in the near future. The company was doing quite badly financially but they've managed to turn things around since.
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Voluntary resignation or other programs like that comes with financial incentives.
Yup.

Voluntary layoffs are beneficial for those affected workers too because often they'll have some flexibility when to leave. Unless the company has a very rigid voluntary layoff situation where they want all of them gone on the same day, each person can often negotiate a last day like submission date + 60 days, or let me to work till XXX date or something like that. The company should also be more flexible if anyone needs to skip out one day for an interview.

But if you are at the mercy of an outright firing, it can come out of nowhere and who knows what they offer you.

When I got laid off long time ago in a restructuring, they gave me like 3 months lead time, told me the exact date and paid me a supplemental pay out on top of my normal severance for sticking around to smooth things out. My boss also said anytime I need to leave for an interview go ahead. I got a new job about a month after my last day which was a better job and paid like $20k more + a better bonus. And since I got those payouts, I actually made money off it. I was off a month waiting for the new job to start, but got the equivalent of about 3-4 months extra pay.
 
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The corp I work at has had such a program for years and it's more successful than ever. I don't think it's such a big deal on its own, it's a pretty common practice.
 
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