Description
Sonos, the high-end speaker company, continues to reel from its disastrous app update last May. The company lost revenue and approximately $600 million in market capitalization. Then came the layoffs and a CEO exit. WSJ’s Ben Cohen explains. See The Journal live! Take our survey! Further Listening: - The Glitch That Crashed Millions of Computers - The Snowballing Problems at Vail Resorts Further Reading: - The $500 Million Debacle at Sonos That Just Won’t End - Sonos Finally Hits the Hard Reset Button Learn more about your ad choices. Visit megaphone.fm/adchoices
Audio
Featured in this Episode
No persons identified in this episode.
Transcription
No transcription available yet
Help us prioritize this episode for transcription by upvoting it.
0
upvotes
Popular episodes get transcribed faster