Wednesday, January 21, 2009
Filled Under: Layoffs in USA
Audio giant Bose cuts 1,000 jobs
Bose Corp., the audio giant known for Wave radios and noise-canceling headphones, is cutting 1,000 jobs, the company announced today. The Framingham-based firm said the layoffs amount to about 10 percent of its total work force and the cuts will come from “select areas, including manufacturing.” Bose’s restructuring is a reaction to the recession and a slowdown in consumer spending.
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