Whatever you may think of Bose audio quality it is sad to see 1,000 jobs go. The audio/video industry is going to get hit no softer than others. Remember though, if you still have your job, which is still about 90% of the American work force, all 135 million of you, do us a favor and start shopping! Crashing a ‘going out of buiseness’ sale isn’t as good as shopping now and helping to keep folks and families employeed.
-AudiorReview
Audio-equipment maker Bose Corp. plans to cut around 1,000 jobs, or 10 percent of its workforce.
“We have been staffed for a growing economy, not a global recession. As a global company, we are responding to these challenges,†the company said in a prepared statement Tuesday.
The Framingham, Mass., company, which is privately held and does not disclose revenue or employment figures, was founded in 1964 by then-Massachusetts Institute of Technology professor Amar Bose. It has continued to have a strong link to MIT throughout its history, serving as a major hirer of MIT engineering graduates.
Read the rest on bizjournals.com
source: bizjournals.com
Since this is such a popular product on AudioReview, help Bose out, buy a Wave Radio.
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Stereo AM/FM/CD alarm clock
Stereo AM/FM/CD alarm clock
Description: Stereo AM/FM/CD alarm clock
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Bose has 9000 employees? Wow. I was always curious about this. Private company?