Bose Layoffs Job Cut: fires 1000 employees: Finance Trading Times

Bose Layoffs Job Cut: fires 1000 employees

The news is not good for the employees of Bose Corporation. The latest additon to the list of companies going for layoffs is the Bose, which is known for the top quality audio products and based in Framingham. No one seems to be shielded from the effect of recession. It the Bose Company, which have decided to go for the layoff. Bose Layoffs

How many employees will be fired in the Bose layoffs?
There will be around 1000 job cuts by the company. That will be around 10% of the global workforce of the company.

How many employees does Warner Bros has?
Bose has 10,000 employees as of now.

Which employees are affecteed by the Bose Layoffs
Many areas may be affected but primarily it will be manufacturing area where the jobs will be cut.

Which location of employees are affected by Bose layoffs?
Though there is no detail available about that, but corporate headquarters is in Massachusetts are definitely affected.

What are the primary reasons for Bose layoffs?
Bose is restructuring its operations in response to the decline of the global economy and its impact on consumer spending.

When will the Bose layoffs happen?
It is learnt that the job cuts will be made as soon as possible.

Any other news about Bose layoffs
The company was founded in 1964 by audio pioneer Amar G. Bose, then a professor at the Massachusetts Institute of Technology.
Let's hope that alternative jobs are available to the affected employees of Bose Layoffs Job Cut
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7 Comments: Post your Comments

Anonymous said...(on 21 January 2009 at 23:15 )  

More lay offs. My company is not laying off as many as this one but none the less my job will be gone in may. It is not a good feeling at all.
Sure hope this economy improves fast. thanks for posting. Viv

Anonymous said...(on 22 January 2009 at 03:43 )  

I know someone at Bose that was layed off. They walked in and all their personal things were packed and waiting for them. An entire department. They were told to leave immediately. Really nice company!

Anonymous said...(on 22 January 2009 at 15:14 )  

That's not fair. I work there and the company has been extremely generous and caring in how it's treated those losing their jobs. We were told when it was happening and why and I know my Director was in tears talking about why it happened and how much it hurt those who had to make the decision to cut people. It's just a fact of life and the company has been as good as any I've ever been with in dealing with this sort of thing.

Anonymous said...(on 22 January 2009 at 23:56 )  

wow you clearly are a kool aid drinking bose asshat. the people that had to make the decision may have been saddened but they still have jobs. aw boo hoo. the party has finally ended in the bose corporate center.

Anonymous said...(on 24 January 2009 at 20:38 )  

Those money-wasting ass-wipes in management are not in the least bit remorseful for what they have done to that company. The fact that they would go so far as to feign tears only underscores the level of contempt they hold for those who actually work. Though Dr. Bose is in the sunset of his days, he is a genuinely great man. Too bad his company and dream have been hijacked by such a swarm of good-for-nothing low-lifes and driven into a ditch.

Anonymous said...(on 25 January 2009 at 10:27 )  

There were scores of contract workers also fired ("contracts terminated") that may or may not be counted in the 1,000 employee figure. In the marketing dept., we got an email late Thursday afternoon (Jan 15) inviting us to a mandatory meeting the morning of the 16th, where we were told. Badges were surrendered immediately, then we were escorted to our desks to clean out our stuff prior to being escorted out of the building. Our severance was being paid for 4 hours (1/2 day) for that Friday morning, and that was it. However, the management was as pleasant and apologetic as possible -- they didn't like it any more than we did. At least I'm glad I bought some Bose audio equipment at the employee discount price while I was there.

Anonymous said...(on 25 January 2009 at 19:12 )  

What is an "ass hat"?

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