"the rest of the year's worth of pay in one lump sum, to keep your corporate laptop, and COBRA coverage for the rest of the year should you need it. You will also get double the value of any unspent paid time off, including the time you would have gained during the rest of the year."

OMG I would love this kind of severance, in February no less. I'm accustomed to hearing about severance that goes from from jack squat to 2 weeks severance + 1 week per year worked, no insurance, no laptop, and maybe you unpaid vacation time that didn't carry over.

Lay me off, baby. Daddy's going on a 10 month paid sabbatical!

The worst that are affected are the people who didn't get laid off and now have to do the work of all the people that did. Double the work with no extra pay, what's not to like?