Layoff notice, what does the 60 days mean?, sales associate here

Our team was told about a closure date that is 16 weeks away. I have read a lot of threads here and could not find my exact situation. They offered a retention bonus for people who stay. Should I stay for the bonus?

Start your search early. I wish I had begun the day of the notice.

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