that's a rough choice on a tight timeline

if you're open to suggestions: take the severance package

anecdotally (including my own anecdatum) a PIP is just a step in building a case for constructive dismissal, especially if your workplace is a factor in your burnout. do you really want to have to work even harder for a chance at staying there?

take some time to recover from burnout (even if it means having less funds for a bit), then try and find something to do for employment thay doesn't suck so hard

myself, I chose disappearing in the bureaucracy of a multinational enterprise for a reduced salary and title. getting away with only a few hours of work most days, and spending the rest of the time living my life

Do you have sorry term or long term disability covered? If so, take that for sure leave and anxiety.

It should give you time to think about your options and often is paid a percentage of your salary.

PIPs I've seen people succeed but it depends on the company and leaders. Severance gets you out with money to find a new job.

Having gone through similar, I’d recommend the severance.

In my experience & what I’ve heard from others’, improvement plans are usually used to justify firing.

In my case, everything changed when I was put on one. My coworkers began to avoid me, the principal (I was a teacher in a crazy wealthy silicon valley city) was always breathing down my neck, & I ended up losing the spark teachers need to be effective.

My case also included disability discrimination which I continue to fight (5 years later) so it might be a bit more complicated. In any event, once you’re identified as a threat to the organization’s stability life there gets real tough real fast. & it doesn’t end.

If you’re on a PIP, it’s going to take a literal miracle to succeed.

Take the sevvy, get your head straightened out and talk about how you left this job to focus on your mental health in your next interview.

Can you do or redirect what you do at work as a consultant?