[syshum]

That is not true at all, I know many companies that offer retirement enticements (aka buyouts) as a way to simply downsize the workforce with out having to lay people off, it also helps that generally the retiree's are on the higher end of the pay scale.

In my career I have seen retirement most often used as a way to downsize not to hire young people

[Cougher]

That's part of the function of downsizing. I'm not talking about cases of downsizing.