That was certainly the case in my company. Early retirement packages were offered to all employees with at least 20 years tenure. Many took the packages which were quite generous, nine months of pay, benefits paid for a year were typical. I was offered one as well but don't regret it as the imposter Biden administration has caused my 401k to take quite the hit. I'm going to have to work another few years just to get back where I was - if I'm lucky!
Many of my co-workers regret taking the package for the same reason. Some of them were forced back into taking jobs for much less money.
If we are lucky. Being 64, I am pretty conservative in my investment funds and still took a beating.