No, because even a relatively large severance package is still worth far less than the expected value of ongoing employment. Especially for senior executives, w

No, because even a relatively large severance package is still worth far less than the expected value of ongoing employment. Especially for senior executives, who will generally have to spend longer searching for the next job than a more junior employee. Getting 3 months severance then being out of work for 6 months is not a good trade.