In midlife, well before they were ready to retire, they decided to take buyout packages.

It said it aimed to eliminate most positions through a voluntary buyout package.

He agreed to a buyout package from the university of about $550,000.

But taking a buyout package does not necessarily mean rushing into it.

Ultimately, twenty-three staff members decided to retire in 2013 under terms of the buyout package, which cost a total of $700,000.

An additional 600 had already arranged voluntary buyout packages or, in a few cases, transfers to other plants, she said.

Last month Raytheon offered a buyout package to 2,300 white-collar workers to trim costs.

And in one case, a company was liquidated after the employees received buyout packages.

But they will not have the opportunity for the buyout packages offered to the top 230 executives.

She left the magazine after a dispute over her role in the case, taking a buyout package last month.