I was always a top performer until 2017. Got additional stocks options pretty much every year, which pretty much says all.
But one day my VP dropped by my cube, tapped me on the shoulder, and told me they'd established somewhere that I'd be included in the next RIF. He was powerless and he'd endorse me anywhere and if he could would bring me back. "Take a few months off, then I'll being you back, you know, does that work?". It was also simply based on a formula some consultancy had. Something around age + years in Cisco + years in the same position. And I get it - I liked my job too much and stayed too static for too long, at least to someone who just looks at that data. I will not say it was just about me, but Cisco let go of great core people and lost major market share with that huge product line, assuming the product was so established it'd keep successfully developing and selling itself.
So no, it's complete hogwash this "it's performance based" illusion that some in these discussions id--tically try to claim. It's where you ware when, and what some number crunchers come up with.
I was there for 15 years, and the whole 5% was total bull anyhow. It was abused by terrible managers that wanted to clean house and build their empire with brown-nosers which sadly is what a lot of the Cisco core team has become now).