JohnMacfarlane
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Sonos CEO steps down as company faces increased competition
After 14 years at the helm, Sonos CEO and co-founder John MacFarlane has stepped down. He has also resigned from the company's board or directors, but will remain with Sonos to work on other projects and serve as a mentor to employees. MacFarlane's transition is the latest in a handful of personnel moves that began last year. Sonos announced layoffs last March shortly before product head Marc Whitten left the company. Former president and chief commercial officer Patrick Spence will take over as CEO.
Sonos announces layoffs, refocuses on streaming and voice tech
Sonos has announced that it will be "letting go of some employees,"; part of reshaping the company in a new direction. In an (admittedly vague) blog post, CEO John Macfarlane doesn't say exactly how many jobs are going to be cut, but he says its's a consequence of the still in-transition music industry. "Everyone in the ecosystem is adjusting to a world of streaming services," he added, citing the addition of The Beatles back-catalogue across the top music streaming services.
