Sonos Is Laying Off More People as It Prepares to IPO

After firing a significant number of employees once again, Sonos hopes that an IPO will turn things around. Ahead of the company’s rumored IPO in June, wireless speaker manufacturer Sonos has laid off 96 employees – 6% of its entire workforce – to boost profitability.  According to sources speaking to Bloomberg, the company has filed […]

The post Sonos Is Laying Off More People as It Prepares to IPO appeared first on Digital Music News.

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