Nixon Peabody
Bank of America
You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies  >  Earnings  >  Current Article

Sonos laying off 12 percent of workforce

By   /   Wednesday, June 24th, 2020  /   No Comments

    Print       Email
Sonos announced June 24 it would lay off 12 percent of its global workforce, as speculation swirled about its prospect for acquisition by tech manufacturing giant Apple. The cuts will affect around 180 employees across its New York retail store and six satellite locations. The Santa Barbara company predicted the restructuring, severance and site closing…


    This article is only available to Business Times subscribers
  • Subscribers: LOG IN or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.
    Print       Email

Leave a Reply

Your email address will not be published. Required fields are marked *

You might also like...

Dubroff: Santa Barbara’s budget woes not solved with cannabis alone

Read More →