Sonos is laying off about 200 employees, or 12% of its staff, as it reorganizes to make its product teams “flatter, smaller, and more focused” (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Sonos is laying off about 200 employees, or 12% of its staff, as it reorganizes to make its product teams “flatter, smaller, and more focused”  —  Sonos Inc. said it’s cutting about 12% of its staff, or 200 workers, in a bid to make its product teams “flatter, smaller and more focused.”