A 32-year career at Boeing comes to a close in April for engineer Dave Baine of suburban Seattle. Baine was already prepared to retire when Boeing sealed the deal by making him a buyout offer last week.
"It's better than a gold watch," he says. The deal is six months' pay in a lump sum and extended health insurance.
"It'll help the younger folks that want to stick around and help some of the older folks exit quickly and quietly," he says.