Sonos
805
6
Post-IPO
Layoff History
200
affected
Sonos, the audio technology company, laid off approximately 200 employees in February 2025 as part of a restructuring effort to navigate what interim CEO Tom Conrad described as the most difficult period in the company's history. This move aims to create flatter, smaller, and more focused teams to improve collaboration and decision-making. The layoffs follow a previous round of 100 job cuts in August, reflecting ongoing struggles with cooling product demand and reputational damage from a problematic app overhaul released in May. The company is undergoing a turnaround effort, with Conrad emphasizing the need to streamline operations ahead of its quarterly earnings report.
100
affected
Sonos, the audio technology company, laid off approximately 100 employees on August 14, 2024, representing about 6 percent of its workforce. The cuts, which affected various departments including marketing, product engineering, and software quality, are part of a restructuring effort to prioritize investment in the company's product roadmap and ensure long-term success. This move comes despite CEO Patrick Spence's recent pledge to focus on resolving the ongoing app crisis, which has significantly impacted the brand's reputation. The layoffs follow a previous reduction of 7 percent in June 2023, reflecting ongoing challenges in the competitive consumer electronics industry.
0
affected
Sonos on 2023-11-16.
130
affected
Sonos, the wireless speaker company, announced on Wednesday that it is laying off approximately 130 employees, representing about 7% of its workforce. The company, which last reported having 1,844 employees in October 2022, cited ongoing economic headwinds and a recent significant drop in revenue as reasons for the restructuring. CEO Patrick Spence stated that these challenges necessitated difficult decisions, including job cuts and a reevaluation of spending. The layoffs are part of a broader restructuring effort expected to cost between $11 million and $14 million, covering severance and real estate adjustments. This follows a previous 12% workforce reduction in 2020 during the pandemic.
174
affected
Sonos, the audio technology company known for its smart speakers, announced in a filing on Tuesday that it is reducing its global workforce by 12% as a direct response to the economic uncertainty and challenges caused by the Covid-19 pandemic. Based on its reported total of 1,450 employees, this layoff affects approximately 174 people. The company is also closing its New York City retail store and six satellite offices as part of broader cost-cutting measures initiated in March, which included reducing marketing investments and managing inventory. CEO Patrick Spence stated these difficult decisions are necessary to position the company for future opportunities. Sonos estimates the restructuring will incur charges of $25 to $30 million, with executive and board compensation also being reduced during this period.