At least they are honest about it:

> The planning is happening openly, including a voluntary separation window. That creates real uncertainty for our team over the next few weeks, but we believe the outcome will be better for it.

No good way to execute lay-offs, my preference would be to do it like a band-aid. What use is it to do it in open unless they plan on having gladiatorial matches to keep your job. Otherwise it's just like a painful game of Duck Duck Goose.