Coronavirus
Long term leave without pay is exactly what a layoff is. Layoff and redundant are exactly the same term. It's also called Reduction In Force. Different terms for exactly the same thing. All include the possibility of recall at some future time.
So with all that cleared up, you're basically saying cx will say "either take a layoff voluntarily or we will... lay you off anyway" ?
Sounds Like typical cathay silliness.