Passive aggressive bullying, that's why.
Managers do everything to get people to leave on their own. Those who somehow survive the abuse, and still hang in there, are bribed to leave via a "mutual separation" OR hang on for a coaching program, which has no objective metrics. Essentially, if you don't accept the separation agreement we will force u out with nothing.
Posted by @rdor+1t4bRwBQ, making it into a thread so more people can see it. Perfectly said.