That's a lot of engineers for the industry to suddenly absorb.
More "old-fashioned" companies will not balk at hiring a 30-year HP veteran, I think... So long as he's knowledgeable and capable as anyone else who's worked 30 years in the industry.
It's concerning, however, when one interviews a 5-8 year veteran who has less skills than a new grad. Don't get in that rut. :-)
Yes, there are many 30 year old programmers writing sloppy unstructured code that would have been drummed out of the freshman programming class I had to take, longer ago than I should admit :-)
Uh, which skills? organization, or enterprise hoo-hah buzzword bingo???