Spence will receive a cash severance of $1,875,000, per SEC filings. He will also get $7,500 per month and serve as a Sonos board advisor until June, and his unvested shares will vest.
If I was this bad at my job, I’d be shitcanned with no compensation. It’s pretty cool how we reward failure at the highest levels.
Y’all have the business comprehension of a 6th grader. Lemmy thinks the CEO is the manager at their fast food job.
The CEO is hired, and fired, by the board of directors. Sometimes they’re hired to do unpopular shit, and take the blame. Sometimes the board insists they do stupid shit, and take the blame if it doesn’t work.
If you want to jump off that plane without negotiating a parachute? Go for it.
Sonos ought to be licensing their protocol as a standard for multiroom audio to compete with airplay. Seems obvious to license it to Denon, Yamaha, etc. I’m using Yamaha MusicCast but if I were buying today I’d standardize on either Airplay 2 or Spotify Connect instead. IMO Sonos is a dead man walking.
Sonos actually uses AirPlay as well. Frankly, they lose when it comes to multiroom audio vs that interface, and they need to make their money off of selling speakers (compatible with AirPlay and other services). Their problem is they wanted to be a clearing house of users listening habits, where you’d need to use the app for them to track that (where you sign up / in with your services); that’s asinine, and they just need to be a speaker company.
That’s so corporate. Everyone’s big idea boils down to being a service instead of a seller (because that’s theoretically more profitable), but it sucks.
Maybe. I’d say it’s more corporate for Sonos to try to develop yet another closed wireless audio sync protocol just to force users to sign in through their app so they can data scrape you. In the absence of a true open wireless sync protocol (maybe there is one and I’m unaware, in which case I’d like to be educated!) I’d rather them use a more widely adopted protocol than roll their own.
Edit: I think maybe I misunderstood the comment I replied to and they were agreeing with this statement in general.
Failing upward ¯\_(ツ)_/¯
Golden parachute successfully deployed.
$1.8M is pretty small as golden parachutes go. Was probably the smallest amount allowed under his employment contract which avoids a lawsuit.
i don’t know if any of you lot have experienced the sonos app firsthand, but let me tell you that it is worse than you could possibly imagine. it takes ages to open, has a million buttons, and pretty much all of them are useless. it has a play/pause bar on the bottom of the app that does not go away. if you want to change your speaker settings, that’s hidden away in a menu (within the app) called “system settings”. why would they call it that?
the app makes you type in the wifi password when pairing a new speaker, even if that speaker has the ethernet cable plugged in. the app also doesn’t support certain wifi passwords so i had to change my wifi password before connecting my speaker.
Like I’m a programming dullard but they had to go out of their way to filter out allowable WiFi key characters? I don’t see why they’d even bother…?
I have an easier time using my Home Assistant dashboard to control my Sonos devices rather than the native app. Takes forever to load in Sonos but with HA, it’s near instant.
The worst thing they’ve ever done is remove functionality from the desktop app and have it exclusively in their mobile app.
I love the idea of Sonos. Being able to have whole house audio without having to run a shit load of cabling would be a dream come true, except they do it so badly it is often a nightmare.
