The good Humans (smart, ethical, hard working) will flee. Not right away because that would be irresponsible and they are responsible, loyal people. They have sensed that the cisco brand is tarnishing. The "best place to work" moniker is marketing, not actual polling.
They will flee. They will bring their talent, work ethic and enormous industry knowledge to Cisco's competition.
The annual layoff ritual has taken a huge toll. It is the anticipation that hurts the most. This is summer vacation, back to school and fun season. Not for the children of Cisco employees. They get to see Mom stressed and anxious.
Shame on you Chuck