The Botched Software Update That Cost $600 Million
Update: 2025-03-06
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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.
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Further Listening:
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- 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
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