Audio Equipment Maker Sonos Slashes 12% Jobs - What's Going On? [Yahoo! Finance]
Sonos, Inc. (SONO)
Last sonos, inc. earnings: 2/5 04:05 pm
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Source: Yahoo! Finance
In This Article SONO Audio Equipment Maker Sonos Slashes 12% Jobs - What's Going On? Sonos, Inc. (NASDAQ: SONO ) revealed a major restructuring plan that will reduce its workforce by about 12% Finalized on February 4, 2025, this initiative is designed to enhance the company's operational efficiency and financial framework. The workforce reduction is expected to impact about 200 positions in various regions, subject to local laws and consultations. Sonos expects restructuring expenses between $15 million and $18 million, mainly for severance pay and employee benefits. Also Read: BigBear.ai Pockets DoD Contract To Advance AI-Powered Threat Detection System These costs are anticipated to be recognized in the second quarter of fiscal 2025. “One thing I've observed firsthand is that we've become mired in too many layers that have made collaboration and decision-making harder than it needs to be. So across the company today we are reorganizing into flatter, smaller, and m
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SONO
News
- Sonos Announces Participation in Raymond James TMT & Consumer ConferenceBusiness Wire
- Sonos, Named One of America's Greenest Companies by Newsweek, Advances Sustainability Goals and Announces Campaign to Create World’s First Underwater Sound SanctuariesBusiness Wire
- Sonos Inc (SONO) Q4 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic Shifts [Yahoo! Finance]Yahoo! Finance
- Sonos (NASDAQ:SONO) had its price target raised by analysts at Rosenblatt Securities from $17.00 to $21.00. They now have a "buy" rating on the stock.MarketBeat
- Sonos (NASDAQ:SONO) was given a new $17.00 price target on by analysts at Morgan Stanley.MarketBeat
SONO
Earnings
- 11/5/25 - Beat
SONO
Sec Filings
- 12/5/25 - Form 4
- 12/4/25 - Form 144
- 12/3/25 - Form 144
- SONO's page on the SEC website