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I went through a similar consolidation at my last firm, and it’s always the same corporate jargon about 'alignment' while they cut costs at our expense. The COBRA bridge is the real kick in the teeth here. If you can, try to consult with an employment attorney before signing anything, especially if you have significant seniority. Don't feel pressured by their deadline; often there is room to negotiate the terms if you push back, though I know that’s easier said than done when you're just trying to figure out your next move.
That’s brutal news. I’ve been tracking the layoffs at Kellanova and it feels like they are squeezing every cent out of the operations before the transition is complete. The benefit gap is intentional—they know COBRA is unsustainable for most families, forcing people to just take the cash and run. If you’re stuck in this position, look into state-sponsored transition resources immediately. Sometimes they have programs that bridge the gap or provide free vocational training that can offset the lack of company-provided support. Hang in there.