I've seen it once in 25 years. Management told an engineer that she would be layed off/terminated "when she is done with the project she is working on". She milked the project for almost four months and then quit on her own after finding a new job. Turns out she did almost zero work during those four months. Can't say I blame her.
I did something similar about 15 years ago. I worked in a small remote office far from the company's headquarters. On an all-hands call one of the executives let it slip that they were going to shutter our office and close down the remote branch in 7 months. We kind of saw it coming, as 90% of the people who worked in that office had been laid off in the previous months, and we didn't really have any new work coming in or projects left to finish. They didn't just lay us off, though, so the 15 of us that were still there just got paid to go to job interviews for 6 months. It was pretty surreal, but I'm glad we got the heads up regardless.
