Someone posted the terms on Reddit: https://www.reddit.com/r/microsoft/comments/1xg0c5o/microsof...

> 1–2 weeks’ pay per semester of tenure, based on level; six months of fully covered COBRA (remaining 12 months paid by you) and two vesting events in February and May.

> L65-L67 get 4w of pay per year of service, while L64 and below get 2w per year. I’ve been with MS for 10 years, so I qualify for the max payout of 39w.

> Eligibility this time is up to L70, not sure what the package is for L68-70.

looks like their normal layoff package