They'd put your name on a list Monday and other jobs could pick you up if no one did, you'd have someone from HR come by and walk you through cobra insurance and hand you the forms for your unemployment, and then you had 30 minutes to pack your shit and go.
Weeks on end of wondering every Friday if you had a job next week. This was during 2008/10 and all our jobs that we had won got sent for rebid and the company declined to bid on them again. Lost all the work we had lined up and no one was hiring.
I was a real grind, guys expecting kids and hoping to get the baby delivered before the lost their health insurance.
Towards the end of their severance time, Infosec will run a remote wipe so if their endpoint ever connects to Wifi it'll get nuked. They tend to wait a bit to ensure there's not something on the laptop that needs to be recovered for the company – or the employee says they had some critical personal things on it. Either way the only way they get it back is by sending it back and letting the Helpdesk pull the data.
Worst case, an employee doesn't send stuff back and we write it off. It's really not a big deal. Mandatory FDE + device wipes when a laptop comes online means any data is protected, which is 100% of what we're concerned about. No one cares if an employee gets a "free" MacBook that's a few years old.
I did not test them on that and just returned it.
I think the basic decision was "a 2021 MacBook is now worth less due to deprecation than the time it'd take HR/legal to figure this all out, so screw it and let's mark it disposed for $0"
For those who were fired, infosec ran a script during the CEO call to pull their access packages for production systems, crank the data-loss protection systems on their laptops up to high, boot them from Slack, and prevent them from sending & receiving emails to non-HR folks. After their "fired" email they received an invite to talk with HR to provide updated contact information. Then infosec pushed a new password to their account & force shutdown their workstation.
If it sounds brutal, it was. But the layoffs I was involved at a previous company were handled much differently, more traditionally: CEO announcement at 9am, and then you spent the rest of the day agonizing and waiting if you're going to get a :15 private calendar invite from your manager titled "Employment", or if you'd make it to the end of the day with no news (good news!). I'd almost argue that moving fast was more merciful than this, but that's easy for me because I wasn't fired either time.