Layoff notice, what does the 60 days mean? after 11 years as a welding apprentice

I received a formal notice about a mass layoff at my workplace. I would rather hear the honest version than the polite one. Some colleagues are already leaving. Should I stay for the bonus?

I stayed for the retention bonus and looked for work on the side. It cushioned the gap.

The workforce board ran a rapid-response session for us with résumé help and information on benefits. Ask if yours will.