Sonos to Reduce Workforce by 12%; Shares Fall After Hours

MT Newswires Live

2025/02/06

Sonos (SONO) said Wednesday it will reduce about 12% of its workforce as it looks to improve its operating model and cost structure.

The company expects to incur about $15 million to $18 million of restructuring and related charges, with substantially all of the charges likely in its fiscal Q2, according to a regulatory filing.

Sonos shares were down 2.9% in after-hours activity.

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