Well, not that great for current workers either. Microsoft RSUs are usually 20% (compared to 40-80% in other big tech) or less for most employees, and on average msft has 30-50% less total compensation than other big tech.
All this stock upside might put some people's compensation to their true market value, but even that is based on tenure and historical stock vests.
Would they be better off without the stock upside? I dont think so.
Remember, today we are talking about "stock price is up", but tomorrow the price may be down. What the parent said does not change regardless -- Microsoft employees are not as well compensated compared to other companies, plus the layoff is real.