Here is an interesting article regarding age discrimination in Silicon Valley. Note that Cisco is specifically mentioned.
http://www.therecorder.com/home/id=1202769197826/Decoding-Age-Bias-in-Silicon-Valley
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I believe age was a factor in my getting LR'ed. In the agreement you sign to get the severance, they do not list the number of people, labor grades and ages of people affected by the LR. You can only get that information after you sign the agreement not to sue Cisco.