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
The Botched Software Update That Cost $600 Million | The Journal. podcast - Listen or read transcript on Metacast