The situation at Sonos will likely get much worse before the audio manufacturing firm starts to exhibit signs of improvements. With analysts projecting that the company’s revenue will decline by 15 percent during the holiday quarter, interim CEO Tim Conrad had to make some tough decisions, starting with some layoffs. According to the Chief Executive’s latest announcement, the company will have 200 fewer employees as he believes that the only way forward is for teams to get smaller and more focused. Those included in the layoffs list will receive severance pay based on the time they have been employed at […]
Read full article at wccftech.com/sonos-lays-off-200-employees-interim-ceo-announces/
Read More Details
Finally We wish PressBee provided you with enough information of ( Sonos Trims 12 Percent Of Its Workforce, Totaling 200 Employees As Interim CEO Believes That Smaller And More Focused Teams Can Yield Better Results )
Also on site :
- Taiwan blacklists China's Huawei and SMIC, further aligning with U.S. trade policy
- Apple’s A20 Rumored To Be Exclusive To The iPhone 18 Pro, iPhone 18 Pro Max And The Company’s Foldable Flagship, Will Leverage TSMC’s Advanced 2nm Process Combined With The Newer WMCM Packaging
- Next-Gen Xbox Rumored to Support Backward Compatibility at Hardware Level