Layoff notice, what does the 60 days mean?

My employer announced that the site will close and gave us written notice. I would rather hear the honest version than the polite one. They offered a retention bonus for people who stay. Should I stay for the bonus?

Write down key dates and keep copies of the notice. Mine helped when a question came up later.

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