Wow, 5 months? I’ve never been offered that when laid off. Be grateful.
I got 7 months when MSFT laid me off in 2009. After 2 months, I got back on as a contractor. Since I wasn’t an employee, it didn’t affect my severance. Then they rehired me as an employee 2 weeks after I would have had to pay anything back to them. Not kidding, they actually lost money doing this.
I’ve been told on payday that the company is gone. Hard to have sympathy for someone who gets 5 months severance.