That's the issue. You made a mistake believing there is such a thing as "loyalty". Move every 2-3 years to get "raises" and fuck everyone else, no company has any loyalty to you.
Very sorry to hear. But it's either one or the other, by definition. And if it doesn't meet the strict legal definition of a "layoff" -- that means you were fired. (No matter whether they called is "separated", or "we're ending your work here" -- it's all the same thing).
Based on the above, you get "resigned before being fired," "quit," "fired," or "laid off/let go." Three of those likely also mean "may not be eligible for unemployment."
Size of the action isn't really relevant except that large actions are generally in the last cell even it they're being used to clear underperforming people.
How does that work, logistically?
I received severance so I was not fired otherwise no severance. I asked HR "So then I'm laid off?" but was told no it's because I was not the right fit. My job is or was very specific and I live in a small town with elderly sick parents so moving is not an option for me.
All my performance reviews were perfect great comments from my manager and I got along with all the staff. I was struggling to fit my tasks into a workday cut in half to four hours but I had the same duties as I did in an eight hour day. Which used to be done by three people!
Backstory I was officially an employee of the head office but worked in a satellite office but I wasn't an employee of the satellite office. The satellite office said they wanted to hire their own for the job I was doing and the head office said they had no job for me. Poof! Job gone. But the weird part is I was an employee of the satellite office for six years then "moved" to become a head office employee but my desk never moved I was always in the same place, same office, same building.
Then I see my job advertised one week later, I was barred from setting foot on the premises and was also told not to apply since I was "not the right fit", a direct quote from HR.
Sorry for the rant it just spilled out. I'm getting better no more panic attacks and I can breathe better. Onward and upward.