Baby boomers are getting ready to retire.  Yippee!  Or at least that is what companies should be saying.  According to the U.S. Department of Labor, by 2010, 6%-10% of the U.S. workforce will be reduced.  While many are viewing this as a “looming challenge”, I have to believe that there are some that see this as a welcome change.

Technology has paved the way for businesses to run efficiently, productively and profitably.  However, when companies are profitable, they are not searching for ways to be more profitable.  The coming reduction will force companies to work with a lean, highly trained crew.  This can only mean higher profits for corporations, and for shareholders.  Of course the downside of the reduced workforce and increased retirees is a greatly reduced tax base, but that is a conversation for another article.