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It has been a turbulent start to the year for Santa Barbara-based Sonos with changes in its executive leadership team and a mass layoff. But maybe there are sunnier days on the horizon for the audio equipment manufacturer, as the company announced its earnings for the first quarter of 2025. For the quarter ended Dec. 28, Sonos Read More →
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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.
Santa Barbara-based Sonos is laying off 200 people, or approximately 12% of its workforce, the audio company announced on Feb. 5, less than a month after the business replaced former CEO Patrick Spence. In a video to employees, Tom Conrad, Sonos interim CEO as of Jan. 13, said the company is “most significantly” shaking up Read More →
Sensata Technologies, a supplier of sensing, electrical protection, control and power management solutions with locations across 14 countries, will be closing down its Carpinteria facility permanently by the end of March. In a WARN Act filing with the state of California, Sensata said it would be a full and permanent site closure and all employees Read More →