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News: Audio product supplier Sonos announced 7% layoffs

Tech 2023-06-15 14:30:18 Source: Network
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[Global Network Technology Comprehensive Report] On June 15, it was reported by foreign media that Sonos, the audio product supplier, announced in the document submitted to the U.S

[Global Network Technology Comprehensive Report] On June 15, it was reported by foreign media that Sonos, the audio product supplier, announced in the document submitted to the U.S. Securities and Exchange Commission that it would significantly reduce its staff, involving up to 7% of its employees, about 130 people.

Patrick Spence, chief executive of Sonos, said, "In the face of continuing difficulties, we had to make some difficult choices, including canceling some positions and re evaluating project expenditures."

In addition to the layoff plan, according to the documents submitted to the U.S. Securities and Exchange Commission, Sonos will also "reduce its investment in real estate projects and reassess some project expenditures".


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Tag: News Audio product supplier Sonos announced layoffs

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