More recently, CEO Patrick Spence left, and a new leadership was ushered in. Earlier this week, it was announced that Sonos ...
Sonos, the audio company known best for at-home speakers and a flubbed app release last year, is laying off 200 workers. The move comes less than a month into interim CEO Tom Conrad’s tenure, and as ...
The audio company is going through the most difficult period it has ever faced. Interim CEO Tom Conrad believes getting ...
Sonos announced that it has laid off 200 people in a letter posted to its site Wednesday. The news follows a 100-person ...
Sonos, Inc. (NASDAQ:SONO) revealed a major restructuring plan that will reduce its workforce by about 12%. Finalized on ...
SONO earnings call for the period ending December 31, 2024. Sonos ( SONO 5.19%) Q1 2025 Earnings Call Feb 06, 2025, 4:15 p.m.
The audio-products maker expects to book restructuring charges of $15 million to $18 million as it reorganizes.
Its gross margin also declined to 43.8% from 46.1% due to deleveraging from lower sales, and operating income slipped from ...
Sonos is laying off 200 employees in an effort to streamline its product teams, reports Bloomberg. The layoffs come as Sonos ...
Layoffs at Sonos epitomize its bad year. Time will tell if the restructuring can help the company regain its direction.
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