[IANAL]
Indeed, the California WARN Act[0] explicitly says "layoffs"[1] instead of "employment loss", which would cover termination.
However, it's also true that courts don't like it when you try to get cute. It should be interesting.
[0] https://leginfo.legislature.ca.gov/faces/codes_displayText.x...
[1] https://leginfo.legislature.ca.gov/faces/codes_displaySectio....