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Dubai News Club > Tech > Sonos lays off 7 percent of employees as demand cools for its speakers
Tech

Sonos lays off 7 percent of employees as demand cools for its speakers

Press Room
Last updated: 2023/06/14
Press Room
Published: June 14, 2023
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In a filing with the SEC on Wednesday, Sonos shared news that it’s laying off 7 percent of its staff. The company is “also committed to further reducing its real estate footprint and re-evaluating certain program spend,” Sonos said in the 8-K filing. The company reported having 1,844 employees as of last October. It’s reasonable to assume Sonos has hired more people since then, but that total indicates the cuts would affect at least 130 roles.

“We have acknowledged that if we…

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