Woof. Been there before, minus the 'hearing an executive call out my department' part. Definitely optimistic with the voluntary retirement step, then they come for some anyway, but you're not one of them because you're not a lazy slob who falls asleep at their desk like those guys, then a few months later, they come back, but you're not one because one of your coworkers quit before layoffs struck, then they come back a few months later and you start seeing them walk out senior people who you thought were critical to the operation and you're like "what the **** is going on". Then at 11am, you assume you're good because everything has slowed down and you haven't seen anyone else getting walked out. Then your boss walks up behind you: "hey can you come talk to me for a minute". Then by 12 pm you're pounding beers at the bar because you're unemployed.When your company announces mass layoffs, and you think you're safe because of all the retirement buyouts in your department, but then you hear one of the executives in a big meeting mentioning your department as an example of one that could be eliminated and taken on by others with the new strategy.
As long as they give you severance, won't deny unemployment, and you can either find another job due to skillset or are willing to move to where the jobs are, funemployment isn't too bad.
Best of luck dude, that **** ****ing blows. Hopefully you can ride it out though.
Maybe Trump will give them a tax break and they'll see the error of their ways and they'll trickle all that tasty golden juice down to you. I hear that's how it works in the real world. MBA's and accountants love giving people jobs.