Bose announces it's cutting 10 percent of its workforce

Well, more awful news being flung our way. Bose, hallowed manufacturers of a plethora of fine iPod docks and countless other expensive, luxurious electronic goods, has just announced 1,000 job cuts. That means that about 10 percent of their workforce -- across several areas, including their manufacturing sector -- will be out of work in the very near future. The Bose rep cited the decline in the global economy as the main reason for the "reductions." Reductions? Cute.