Sonos lays off 7%, or about 130 employees

▤ Summary

Patrick Spence, president and chief executive officer of Sonos Inc., speaks during a Bloomberg Technology Television interview in San Francisco, California, U.S., on Monday, Feb. 11, 2019. Wireless speaker company Sonos said it would lay off about 7% of its workforce, or roughly 130 employees, in a Wednesday filing. "In the face of continued headwinds we have had to make some hard choices, including eliminating some positions and reevaluating program spend," Sonos CEO Patrick Spence said. The company cut its guidance in its most recent earnings report for the period ending on April 1, 2023. The company had previously cut headcount by 12% in 2020, in response to the rapidly unfolding Covid pandemic.

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