Sonos cuts 6 percent of workforce ahead of IPO

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Sonos cuts 6 percent of workforce ahead of IPO

By Staff Report / Friday, May 18th, 2018 / Comments Off on Sonos cuts 6 percent of workforce ahead of IPO

Santa Barbara-based Sonos, the maker of wireless speakers, cut about 6 percent of its workers ahead of an anticipated initial public offering that could take place as soon as June. The company will eliminate 96 staff from its global workforce of 1,500 people, spokeswoman Laura Morarity said Thursday. The cuts occurred across several departments and…

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