Sonos has had something of a mixed 2023. For all the excitement at the beginning of the year, with the launch of the five-star Era 100 and Award-winning Era 300, it had a troubling mid-year, laying off seven per cent of its employees in June and even more following in November.
In a quarterly earnings call that same month, the company confirmed a 5.5 per cent year-on-year decrease in revenue, something that CEO Patrick Spence put down to a “challenging year” in the industry.
