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Struggling Calif. tech company Sonos Lay's off 200 workers

Sonos lays off 200 employees as its struggles continue

The audio company is going through the most difficult period it has ever faced. Interim CEO Tom Conrad believes getting smaller and more focused is the way forward.

SFGATE on MSN · 11h

'Terrible outcome': Struggling Calif. tech company Sonos lays off 200 workers

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 Santa Barbara company continues to reel from an app update debacle last May that rankled customers and cost Sonos tens of millions of dollars to fix.

moneycontrol.com · 1d

Sonos lays off 200 employees to streamline operations

Conrad said in the email to his employees that the company is restructuring to create "flatter, smaller, and more focused teams."

Digital Trends on MSN · 1d

Sonos troubles continue as it lays off 200 employees

Layoffs at Sonos epitomize its bad year. Time will tell if the restructuring can help the company regain its direction.

Sono, Q1

The Motley Fool · 1d

Sonos (SONO) Q1 2025 Earnings Call Transcript

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. ET

Houston Chronicle · 1d

Sonos: Fiscal Q1 Earnings Snapshot

(SONO) on Thursday reported net income of $50.2 million in its fiscal first quarter. The Santa Barbara, California-based company said it had profit of 40 cents per share. Earnings, adjusted for stock option expense and non-recurring costs,

Zacks.com on MSN · 1d

Sonos (SONO) Q1 Earnings and Revenues Top Estimates

Sonos (SONO) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.

11hon MSN

'Scrappier and more focused': Sonos is changing its whole structure to make better products and avoid any more app disasters

More recently, CEO Patrick Spence left, and a new leadership was ushered in. Earlier this week, it was announced that Sonos ...

Sonos Cuts About 200 Jobs to Help Restructure the Company

Sonos' latest layoffs affected 200 employees. The company's interim CEO says it will restructure to become more efficient.

Audio Equipment Maker Sonos Slashes 12% Jobs - What's Going On?

Sonos, Inc. (NASDAQ:SONO) revealed a major restructuring plan that will reduce its workforce by about 12%. Finalized on ...

2don MSN

Sonos to Cut 12% of Jobs in Further Restructuring Push

The audio-products maker expects to book restructuring charges of $15 million to $18 million as it reorganizes.

19h

Sonos' scrapped MagSafe speaker would have had trouble finding a target market

Sonos allegedly toyed around with making a speaker that would use MagSafe to attach to the back of an iPhone, but couldn't ...

2don MSN

Sonos lays off 200 ahead of rumored set-top box release

Sonos announced that it has laid off 200 people in a letter posted to its site Wednesday. The news follows a 100-person ...

Audio equipment firm Sonos lays off 200 employees to focus on smaller teams

Sonos said it will reorganise its product organisation into separate groups for hardware, software, design, quality and ...

1don MSN

Sonos restructures with $60M-$70M cost savings target amid Q2 revenue guidance

Q1 2025 Management View Interim CEO Tom Conrad highlighted his early efforts to improve Sonos' operational efficiency and financial performance. He announced a reorganization of the product and ...

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