Looks as though Gibson, like most other businesses these days, is feeling the pinch of the current recession/depression:

“We regret that the company had to reduce our work force today to meet the economic challenges faced by our industry,” says Henry Juszkiewicz, CEO of Gibson Guitar Inc. in a statement. “We believe our streamlined team of talented people will continue to serve our valuable customers in an increasingly excellent fashion. We expect to continue to build the finest instruments in the world and lead the industry in quality and innovation.”

(via bizjournals.com)