We saw over 1000 people laid off at our location over the years. The big ones have come this time of year and after the FY. Buttt Cisco will lay off any time of the year in small unannounced layoffs. They have made that very clear over the years. You are never safe at Cisco. The only thing you know is there will continue to be more layoffs. Heard a co-worker say years ago their VP went to a meeting in SJ. One of the topics was the average age of the workforce.
The concern is they wanted the average age to be lower like from 28 to 26 or something very close to that. Cisco very much participates in #agediscrimination as previous posters have mentioned. They pay well but its really a temporary job for many, ask anyone. Yes there are some people that have been there a while. They are either high up, know someone, or their group is profitable.