Audio Equipment Maker Bose to Cut 1,000 Jobs, 10% of Staff

Authored by Mark Hefflinger on January 21, 2009 - 9:47am.

Framingham, Mass. - Bose Corp., the maker of audio entertainment equipment, plans to cut about 1,000 jobs, or 10% of its total workforce, according to published reports.

"We have been staffed for a growing economy, not a global recession," Carolyn Cinotti, a company spokeswoman, said in a statement.

The job cuts are expected to occur in manufacturing and in the company's Framingham, Mass. headquarters.

Bose was founded in 1964 and is privately held.

http://www.bose.com