Wednesday, June 14, 2023

Sonos Chops 130 Employees

Santa Barbara-based Sonos said this morning that it has laid off 130 employees, or 7 percent of its workforce, citing "continued headwinds" at the company. According to Sonos, it will tke a charge of $11M to $14M related to the layoffs, including employee severance and benefit costs. Sonos is a maker of whole-home, wireless epakers.