For anyone not from India — India does layoffs in every way. From “cut on zoom in 90 sec” to “please know that you have to resign and serve your two months notice and then go”; to also “if you want you can serve the notice period, or you can just leave today and still get the pay for two months”. I have experienced the first and last and in the case of last for some reason I had chosen to serve the notice.
My immediate reaction is “I probably would too.”
Working is often treated as transactional but it is about so much more. Self-worth, professional reputation, bonds with coworkers, ownership and stewardship of solutions. Even the simple everyday routine that a workplace drives is important.
Another way how India does layoffs is by holding back multiple months' salaries "due to cash flow difficulties", suddenly sending them a mail of "you're fired" overnight and never paying them their dues, ever, leaving them destitute and crippling their employability. A lot of companies have done this, because they know they can, because practical legal recourses for salaried individuals are virtually non-existent in the country and its crippled judicial system.