Tuesday, January 20, 2009

Power goes out: Bose to ax 1,000

Bose Corp., the audio giant known for Wave radios and noise-canceling headphones, is cutting 1,000 jobs, the company confirmed yesterday.

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.

Boston Herald - Full Story

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