If they are smart they will offer buyouts to senior guys
The only problem is that 'buy-outs' cost money, and right now, to weather this downturn, "Cash is King."
Furloughs cost money, with severence pay, re-training, etc, but probably less than a buy-out. However, reducing the # at 'top of scale' pay will also reduce costs. I guess what I saying is that it is all 'bean counter' stuff and would have to be figured out by the numbers people.
That said, the whole 'age 65' thing sure came at the right time, Thanks Jack A$$ Prater. Don't work at CO, but maybe some of his former co-workers might have some things to say to him.
And, alpa sux anyway, thought a union was supposed to 'work for us' seems like they are working Against us, at least the 'majority' of the membership.
For what its worth. Good Luck to very one at CO, and all of us in the industry.
PD