November's layoff accomplished many things; reduced payroll and eliminated benefits to most employees who work with customers, ended many cherished careers, struck terror into the hearts of the remaining employees and finally, it provided a platform for management to advise employees to find jobs elsewhere because access to stingy severance was difficult, cumbersome and limiting. While there was a terrible business result, it also caused well paid employees (who were not laid off) to look for work elsewhere. It works better than laying folks off; no severance.
The destruction is overwhelming and emotionally crushing.