https://www.propublica.org/article/the-u-s-equal-employment-opportunity-commission-confirms-a-pattern-of-age-discrimination-at-ibm
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Who they layoff who they keep is their choice. But if you are impacted, you should not take it to your heart. Over last few years, many Collab and Webex folks are laid off. Many of them joined Zoom and are laughing their way to the bank. Not meant to take a shot at anyone. Just that don't worry. There are many places that are more financially rewarding than Cisco.
Comparing discoveries made before 1905 with after 1985, the average age at which physicists made their discoveries rose from 37 to 50. Chemists' average age rose from 36 to 46 and that of medical scientists from 38 to 45. Before 1905, 20% of prizewinning work was done before age 30, but by 2000, this fell to almost zero. The findings are published in the Proceedings of the National Academy of Sciences.