Microsoft plans thousands of job cuts, impacting thousands

Microsoft earlier this year announced a voluntary retirement program offering buyouts to employees level 67 and below in the US who had 70 or more years of age and service. About 7% of Microsoft's 125,000 US workforce, or nearly 9,000 employees, was eligible.

Weirdly written. Does that mean 7% of their employees were 70 years or older? Or that age + work years greater than 70 means eligible, like I'm 50 and worked t MS for 20 years, 50+20=70 so meet eligibility. Must be that one. "Level 67 and below" is also useless formation to someone who doesn't know MS levels.