[quietbritishjim]

That's not so good for the people remaining, or even those laid off but later in the queue. Once the first person gets laid off, everyone will know it's happening and be wondering whether they're included. You're just dragging out the suspense over the hours or (more likely) days those meetings take place, rather than getting it out of the way in a few minutes. That's probably worse than the dubious joy of a personalised message about your termination.

(Though, here in the UK, redundancy procedures can take weeks, so a few days is not much compared to that.)