I know from a first hand source, aka the person experiencing it, that in extreme cases that is what you can get. The person in question was laid off from a small company making test equipment for chip makers during one of the usual down turns. Only for the down turn to be much less steep than expected. So happily took his 6 months of paid leave plus severance pay, only to be hired back 3 months in his garden leave for 30% more base pay, keeping his package and being fully reimbursed for the 3 months off he
didn't enjoy. And he was not the only one, some of the older people insisted in part time consultant jobs paying more than their previous employment until their retirement, and they got it.
In the case of Twitter, I'd definitely take the Ronin approach so. Plus health care coverage.