It is only in good taste to express gratitude. I would expect nothing less.
Indeed, speaking of gratitude, it's nice that this announcement even exists. Many companies don't even tell their employees that people are getting laid off, much less tell the public.
And calling it a euphemism is only confusing. A euphemism for what?
They sent the company an email at 3pm saying 8% of the company was being laid off, then sent Zoom meeting invites to the people being laid off 2 hour later. They didn’t tell us.
That's some grade A BS right there. Among the worst corporate euphemism I've seen.