... launching a voluntary redundancy program for the merging Enterprise and Global divisions ...
Been there , done that, suffered the consequences.
After working for ~11 years at a state owned telco, it was privatised* by a newly elected government doing the exact opposite of what it said it would do.
The new management's idea was to weed out all traces of the previous workforce within 5 years and I managed to survive for ~4 years more by staying on my toes, working very hard and keeping ahead of events through my contacts in the company.
But that was not seen as collaborative by my superiors who were pressed to meet quotas.
And my contacts eventually dried up. On top of that, the unions were in step with the board as they obtained their own share of the deal and looked the other way.
The net result of my not being collaborative meant my being without a stable job for 5 years as in such cases, blacklisting was the norm.
There's absolutely nothing voluntary about these so called "voluntary redundancy programs".
It's just another way of replacing experienced professionals in the 40+ age bracket with younger, inexperienced workers with low salaries.
* Not really, more like given away to international investment funds. No need to go into the details on how all that works.