Thread regarding Bose layoffs

Layoffs hit Bose as the company focuses on its ‘most popular’ products - By Anissa Gardizy, Globe Staff

https://www.bostonglobe.com/2022/05/03/business/layoffs-hit-bose-company-focuses-its-most-popular-products/

Evolving comment section interesting too

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| 1719 views | | 7 replies (last )
Post ID: @OP+1gyXwo1G

7 replies (most recent on top)

Because Pro was a small division, they managed to work under the Corporate radar for a long time which ironically made Pro successful because it was run based on what made sense for the business and not based on what nonsense the Mother-Ship said had to be done. When the arrogant Corporate Execs decided there should be a single NPDP for the entire company and commenced with micro-management to make it so that's when things started to go south. They basically took the division that was successful and forced it to operate like the division that was failing instead of the other way around. I'll never understand that. Those who built Pro knew what Corporate Execs were doing was wrong but objections fell on deaf executive ears. The proof is the success of the products pro embarked on before Corporate intervention. Any success of the musician products S1, and L1 Pro had absolutely nothing to do with Corporate oversight. It was like watching a train wreck in slow motion.

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Post ID: @aocq+1gyXwo1G

The official company line is presented as fact, while the knowledge of current and recent employees just isn't enough to print. No surprise. I like the excuse of "before the story published," since an arbitrary deadline is, of course, more important than getting the story right.

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Post ID: @3yxl+1gyXwo1G

Thanks to the person who shared a link to my story here! Appreciate it. I am aware that Bose is preparing to sell Pro, but I wasn't able to talk to enough people with knowledge of the situation before the story published. If you have more information, please feel free to reach out to me. (I'm also not an intern)

anissa.gardizy@globe.com or 215-896-1307 (cell/Signal/Telegram)

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Post ID: @3ica+1gyXwo1G

Agree with the reflections about PRO here. Maybe the article will be updated when the buyer is announced (which is "soon" every week). Plus, that will be quite a number of Bose people that either go with the PRO sale or are fired if the buying company doesn't need them. (To the stunning and very sad surprise of those hit, the latter happen to most with the sale of Project Sound technology and IP.)

In the article, the 2000 fired is well under the total for the last 6-7 years. Thinking about the sales of all of the manufacturing plants. For the manufacturing plants (US, Mexico, Ireland, Malaysia), the people either went with the sale to the buyer or were fired. Or if people were in supporting roles outside the plants, many were fired.

https://www.wbjournal.com/article/bose-sells-two-overseas-manufacturing-plants
"Bose Corp. has sold manufacturing plants with a combined 3,500 employees in Mexico and Malaysia for an undisclosed sum"

Then there is the average number of people supporting each of those 100+ stores that were shut down. 10? 15? 20? per store?

In addition, I can total at least 1000 fired in Framingham/Boston since 2018. In early 2019 the number was said to be around 400-500 alone. The one where much of TTG was axed.

It doesn't seem a stretch to total at least 7000 over the past 6-7 years.

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Post ID: @2vzd+1gyXwo1G

Pro is a huge loss and it’s a shame. I worked In retail before they eliminated us and it always seemed like a miss that pro and consumer didn’t see more product synergy, 791/891 outdoor speakers and even stereo products had a large following. People were not into the cheap products, I heard about a flagship eco2 speaker that was cancelled, and lots of more “Bose” style products like the wave eco2 and lifestyle eco2. Cr---y plastic speakers were not going to pay the bills.

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Post ID: @2mpa+1gyXwo1G

Dropped the ball on Pro. One of the oldest product divisions, and together with ASD, one of the divisions that has historically bailed the company out in years when home entertainment, headsets, and other divisions lost. Selling off Pro is huge. Pro will bail out the company's losses one more time, when its sold, and its absence will be another nail in the coffin. It becomes more and more obvious that the current executive team's mission is to close the place down. A controlled implosion, protecting the interests of the few at the expense of the workers and professionals who built the place.

Pro is one of the biggest stories, and the globe intern glossed over it with some handwaving.

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Post ID: @2oui+1gyXwo1G

Good article. The author could have dug up more dirt but kept it professional.

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Post ID: @1jwn+1gyXwo1G

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