The disastrous Sonos app update of May 2024 caused widespread issues, impacting basic functionalities. This led to customer frustration, reputational damage, layoffs, and a CEO change, resulting in significant financial losses for the company.
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.