Written by admin
Wednesday, February 18th, 2009
Audio giant Bose Corp. will layoff about 1,000 workers, or 10 percent of its total workforce, the company announced Jan. 20. The company cited economic challenges associated with the global recession and a marked drop in consumer spending in announcing the job cuts.
“We have been staffed for a growing economy, not a global recession. As a global company, we are responding to these challenges,” Bose said in a statement e-mailed to the IndUS Business Journal. Bose spokesman Jonathan Previtera declined to comment further on the layoffs. (IndusBusiness Journal)
