Not as big as other too big to fail companies. But still a better deal than the 200 employees.simply put, this sucks!
Can't remember but I am guessing that the former CEO who was responsible for that disaster got a nice golden parachute ;(
Not as big as other too big to fail companies. But still a better deal than the 200 employees.simply put, this sucks!
Can't remember but I am guessing that the former CEO who was responsible for that disaster got a nice golden parachute ;(
The new app was supposedly going to nudge users to upgrade to latest hardware, but backfired.They are getting rid of people because sales are slow. The app fiasco is just an excuse. Sales are slowing at many companies and it looks like this may be a big year for layoffs.
Always how it works. Doubly terrible because many of these people were pleading with leadership to not do this app release just to release the headphones. However, the CEO would’ve ate it with the board if he missed that timeline on the headphones. Lucky for him he bought 12 months of more compensation before facing the ire of the board and will likely land somewhere else in an executive role within a year.Employees paying the price for terrible leadership.
It goes lot deeper than CEO. Sonos had 20 years worth of technical debt. They were using 20 year old software with band aids. The sales were already sluggish and technical debt had to be eliminated. The app should have been delayed but their new product launches were delayed. People blame for dropping support for older apps/products or rewriting their underlying technology, but it’s better to mange every few years.They cut 100 people August of 2024 also.
Stories were that the CEO did not listen to the people telling him the app was not ready. If true, he is fully responsible for the problems the company is now facing. Even if he was not aware, as the guy in charge, he is responsible. If CEOs are not held responsible for failures, they should not be rewarded for successes.
The fact that he was given a golden parachute is disgusting and an insult to every employee of that company.
No! It's definitely not the time, nor will it ever be.Tim it's time to buy Sonos
The developers told them it was not ready and would miss critical features if they shipped. He decided to ship the product instead of finishing the app. That’s on the CEO. I’m not going to tolerate this kind of bootlicking when the postmortem on this failure is essentially public knowledge.The CEO didn't create the failed app. Those who are putting blame on him need to step back.
That being said, I hope the ones laid off weren't the developers. They rarely make any design decisions... they're just implementing the designs of the project managers. Thats likely the level where the whole process fell apart.. as usual... middle management.
Or maybe a preemptive layoff for the rumoured Sonos Smart TV Box.So the 200 employees were the ones responsible for the failed app redesign? 🤔
I wouldn’t touch Sonos products if it was 50% off. No physical remote unless this has changed recently, no thanks. Having an app is fine but it’s should be complimentary. Why do these companies overthink and over-engineer simple things only to revert to what made the product segment approachable and usable to a laymen.I have always felt that Sonos is a tad overpriced, maybe if their products were 25% - 30% cheaper they wouldn't be blaming everything on an app.
They should call it "The Box Tom Conrad Signature Edition"!Surely launching a $400 streaming box as their next big move will fix this!
Apple would not have time or resources to turn this company around..Tim it's time to buy Sonos
they can possibly if they treat them like BeatsApple would not have time or resources to turn this company around..
CEO's only fail upwards.simply put, this sucks!
Can't remember but I am guessing that the former CEO who was responsible for that disaster got a nice golden parachute ;(