Tabloid: Bose Cuts 1,000 Jobs

Bose, the Framingham, MA-based audio products firm, has cut 1,000 employees due to a decline in consumer spending, the Boston Herald reported this morning. The daily tabloid reports that the cuts equal about 10 percent of the firm’s global workforce and will impact areas of the organization such as manufacturing, yet the privately held company has declined to say how many workers are expected to be laid off in the Bay State. We’ve updated our Boston Tech Layoff Tracker accordingly.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.