Boeing's Retiring Boomers Underscore US Manufacturing Plight

Boeing is well aware of the risks: Shortages of skilled workers from a smaller, mid-1990s exodus contributed to a factory meltdown that halted production of its cash cow, the 737. So earlier this year, the manufacturer carefully structured a voluntary layoff aimed at retirement-age workers, staggering the departures of 1,057 machinists to avoid massive disruptions.

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