This can be very valuable because it means you don't lose your unvested RSUs. Plus internal teams are more likely to already know you, or at least it's easier to show them your work, so the interview isn't necessarily that hard.
false hope, chances are when such mechanisms are in place all teams already have the clamp on budget/resourcing to achieve the overall x% reduction in headcount. so it ends up a big game of musical chairs, some just gotta go.
This is still lapping up the bullshit of what it actually is. It's a redundancy plain and simple, your job is being terminated, it should be reported as such.
You literally still have a job. Being reported as a layoff would be lying. If you don’t have a job and have to find work elsewhere then that would be the layoff. As long as the company is still paying you the at worst you’re on the bench.
