I was about to ask the same thing. Why would someone leave voluntarily for worse benefits?
A) Voluntarily leave and get some sort of severance.
B) Wait and gamble that the company decides to ask you to leave.
If you wait and are not selected to leave, you likely won't get any severance. So if you are angling to leave, it's safer to just take the package.
The people who take voluntary leave are often the most able to quickly find a new job (i.e. the best people). So it is not in their best interest to incentivize that.
Either way, I'm more curious about those airtight NDAs on the way out